UCO BANK ELIGIBILITY CRITERIA FOR EMPANELMENT OF VALUER AS PER COMPANIES ACT, 2013

All valuers empanelled with the Bank shall comply and abide by the Procedures/Methodologies for valuation to be issued by Credit Monitoring Department, Head Office (Standard Operating Procedure) on approval of the policy by the board.

While conducting a valuation, valuers have to comply with Internationally Accepted Valuation Standards (IVS) as applicable to the respective class of asset and respective method of valuation as required. The brief background of IVS is as follows:

 

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