UCO Bank News

UCO Bank sees 19% credit growth, total business at ₹5.89 trn in Q4

State-owned UCO Bank on Monday reported a 19 per cent credit growth at Rs 2.62 lakh crore in the January-March quarter of FY26. Total advances were at Rs 2.20 lakh crore in the year-ago quarter that ended in March 2025, UCO Bank said in a regulatory filing. The Kolkata-based lender reported an 11 per cent rise in total deposits at Rs 3.27 lakh crore during the reporting quarter, as against Rs 2.94 lakh crore registered at the end of the fourth quarter of the preceding financial year. During the period under review, low-cost CASA deposits improved to 38.48 per cent as compared to 37.91 per cent of total deposits in the fourth quarter of the preceding financial year, it said. The bank's total business (advances and deposits) increased by 15 per cent to Rs 5.89 lakh crore from Rs 5.14 lakh crore at the end of March 2025. The government holds 90.95 per cent equity shares in the bank as of March 31, 2026.

SBI, BoB, IoB, Canara Bank: Nifty PSU Bank slips 4% amid West Asia jitters

Investor sentiments continued to be in a risk-off mood after Iran widened its warnings to target buyers of US Treasury bonds, as the Trump administration's 48-hour ultimatum neared expiry

Nifty PSU Bank index soars 2%, hits new high; PNB, Canara, UBI shares up 3%

Thus far in the current week, the PSU Bank index has rallied 5.7 per cent, as against 0.74 per cent gain in the Nifty 50.

PSU Bank index outshines Nifty for 6th straight month; up 41% since Sep-25

Thus far in the month of February 2026, the Nifty PSU Bank index has rallied 5.5 per cent, as compared to 2 per cent rise in the benchmark Nifty 50.

UCO Bank reports nearly 16% jump in Q3 net profit at ₹739 cr, NPAs improve

UCO Bank on Saturday reported a 15.76 per cent on-year increase in net profit for the quarter ended December to Rs 739.51 crore, compared to Rs 638.83 crore in the corresponding period a year ago. The lender's total income for the quarter under review grew to Rs 7,521.16 crore, up from Rs 7,405.89 crore in the year-ago period. Interest earned rose to Rs 6,651.84 crore as against Rs 6,219.96 crore, it said in an exchange filing. The Kolkata-headquartered bank's operating profit rose by 5.96 per cent to Rs 1,680.24 crore in October-December, compared to Rs 1,585.69 crore in the year-ago period. Provisions and contingencies lowered to Rs 525.12 crore in the quarter to December, down from Rs 589.51 crore, it said. On the asset quality front, UCO Bank showed significant improvement, with gross non-performing assets (NPA) declining to 2.41 per cent as of December 31 from 2.91 per cent a year ago. Gross NPAs stood at Rs 5,867.25 crore compared to Rs 6,081.55 crore in the corresponding per

Nifty PSU Bank index hits new high, rallies 20% in 2 months; here's why

State-run banks, SBI, Uco bank, PSB among others gained up to 2% amid reports that India may considering allowing up to 49% FDI in PSU banks, more than double the current 20% cap.

UCO Bank Q2FY26 results: Net profit increases 2.8% to ₹620 crore

The bank's asset quality improved as gross non-performing assets (NPAs) declined to 2.56 per cent of gross advances at the end of the September quarter from 3.18 per cent a year ago