MUMBAI (Reuters) - India's UCO Bank reported a fourth-quarter net loss of 17.15 billion rupees ($257 million) as its provisions for bad loans surged.
Shares of the state-run lender fell more than 6 percent after the results.
The Kolkata-based bank had reported a net profit of 2.09 billion rupees in the year-ago quarter.
Its gross bad loans as a percentage of total loans increased to 15.43 percent in March from 10.98 percent as of December.
Five other state-run banks, including second-biggest Bank of Baroda, are due to report fourth-quarter results on Friday.
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($1 = 66.7500 Indian rupees)
(Reporting by Devidutta Tripathy; Editing by Biju Dwarakanath)


