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UCO Bank reports Rs 960-crore loss before tax in December quarter

Gross non-performing assets as a percentage of lending stood at 19.45 per cent at the end of Q3FY20

BS Reporter 

UCO Bank posts Rs 440.57 crore loss in Q1, asset quality deteriorates

on Thursday reported a loss before tax of Rs 960 crore for Q3 of FY20, against loss before tax of Rs 1,018 crore in the year-ago period. Gross non-performing assets as a percentage of lending stood at 19.45 per cent at the end of Q3FY20, against 27.39 per cent in the year-ago period.

First Published: Fri, February 07 2020. 02:33 IST
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