Uco Bank

UCO Bank to add another 150 branches by March to expand business

State-owned UCO Bank plans to add another 150 branches in the next five months in a bid to expand its presence and business. Currently, the Kolkata-based lender has 3,322 branches across the country and with the addition of 150 branches, the network would rise to 3,472 by the end of the current financial year. The board has approved opening of 150 more branches by March, UCO Bank MD & CEO Ashwani Kumar said during a call after approval of second quarter numbers. The bank is working on improving ambience of the branches, he said, adding, more skilled workers are going to be hired on the IT, digital and cyber security side. As of September 2025, the bank has a total staff strength of 21,266 with 70 per cent of them are below average age of 70 years. For the second quarter ended September 30, 2025, UCO Bank has reported a 3 per cent rise in net profit at Rs 620 crore against Rs 603 crore in the year-ago period. The total income in the quarter under review rose to Rs 7,421 crore from

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

Buy, sell, hold? Trading strategy in PSU bank stocks amid stake sale buzz?

Technical charts flag up to 22% downside risk for PSU bank shares such as Indian Overseas Bank, Uco Bank, Central Bank of India and Punjab & Sind Bank as government stake sale buzz looms.

Uco Bank, Punjab & Sind Bank record 16-17% increase in loan in Q2

State-owned UCO Bank has reported a 16.6 per cent growth in credit to Rs 2.31 lakh crore for the second quarter of FY26. Its total advances were Rs 1.98 lakh crore at the end of September 30, 2024, UCO Bank said in a regulatory filing. The Kolkata-based lender reported a 10.8 per cent increase in total deposits to Rs 3.06 lakh crore against Rs 2.76 lakh crore at the end of the second quarter of the previous financial year. The bank's total business rose by 13.2 per cent to Rs 5.37 lakh crore from Rs 4.74 lakh crore in the year-ago period. Current Account and Savings Account (CASA) of the bank stood at 38.1 per cent of the total deposits compared to 38.24 per cent at the end of the second quarter of the previous fiscal. Credit deposit ratio of the bank rose from 71.77 per cent to 75.56 per cent at the end of September 2025, it added.

Govt taps Uco Bank to manage payments for Nayara Energy after EU sanctions

The government has tasked Uco Bank with processing Nayara Energy's payments after EU sanctions cut the refiner off from domestic and global lenders

UCO Bank gets govt approval to facilitate trade payments for Nayara Energy

Rosneft owns just over 49% of Nayara, which accounts for nearly 8% of India's refining capacity and 7% of its retail-fuel network

Infy, Adani Ent, Cochin Ship among 5 oversold stocks; trading strategy here

Infosys, Adani Enterprises, Cochin Shipyard, IFCI and UCO Bank are technically trading in the oversold zone, as per the RSI indicator; charts hint up to 23% downside risk for these 5 stocks.

Nayara seeks Indian bank as EU sanctions disrupt payments for crude oil

Nayara Energy, partly owned by Russia's Rosneft, is struggling to access banking services after EU sanctions and is in talks with Indian lenders like UCO Bank

Four PSBs seek 1-year extension to comply with shareholding norms

As per SEBI norms, listed entities must reduce promoter shareholding to 75 per cent

Higher FDI cap won't affect PSBs' financial inclusion goals: UCO Bank CEO

We are conducting a saturation drive for inoperative PMJDY accounts, meeting customers one-on-one to encourage them to operate their accounts, says Ashwani Kumar

Uco Bank's Q1FY26 results: Profit jumps 10% to ₹607 crore, NPAs decline

UCO Bank's net profit rises by 10% YoY to ₹607 crore in Q1 FY26, driven by strong growth in both interest and non-interest income, with improved asset quality

UCO Bank Q1 results: Profit rises 10% to ₹607 cr, NPAs decline to 2.63%

State-owned UCO Bank on Monday reported 10 per cent increase in net profit at Rs 607 crore for the first quarter of current financial year. The Kolkata-based bank had earned a net profit of Rs 551 crore in the same quarter of the previous fiscal year. Total income rose to Rs 7,433 crore during the June quarter of 2025-26, from Rs 6,859 crore a year ago, UCO Bank said in a regulatory filing. Interest earned by the bank improved to Rs 6,436 crore, as compared to Rs 6,024 crore in the June quarter FY25. During the period, operating profit of the bank increased to Rs 1,562 crore from Rs 1,321 crore a year ago. The bank's asset quality improved as gross non-performing assets (NPAs) declined to 2.63 per cent of gross advances at the end of the June quarter, from 3.32 per cent a year ago. Similarly, net NPAs, or bad loans, declined to 0.45 per cent from 0.78 per cent in the year-ago period. However, provisions for bad loans rose Rs 463 crore during the first quarter as compared to Rs 3

UCO Bank's total business jumps 13% to Rs 5.24 trillion in Q1FY26

UCO Bank on Thursday reported a 13.67 per cent year-on-year growth in its total business, which rose to Rs 5.24 lakh crore for the quarter ended June 30, 2025, compared to Rs 4.61 lakh crore in the corresponding quarter last year. According to provisional figures disclosed to bourses, total advances stood at Rs 2.25 lakh crore, registering a 16.58 per cent year-on-year increase, while total deposits rose 11.57 per cent to Rs 2.99 lakh crore during the same period. Domestic advances showed even stronger performance with a nearly 20 per cent year-on-year growth, reaching Rs 2 lakh crore in Q1FY26 from Rs 1.67 lakh crore a year ago. Domestic deposits also grew 9.80 per cent to Rs 2.80 lakh crore. On a sequential basis, total business increased 1.95 per cent from Rs 5.14 lakh crore in Q4FY25, while advances and deposits grew by 2.27 per cent and 1.70 per cent, respectively. The bank's domestic CASA ratio declined slightly to 36.90 per cent from 38.62 per cent in Q1FY25. The credit-depo

Uco Bank plans to raise ₹2,700 cr in FY26 via QIP in tranches: MD & CEO

In Q4 FY25, we recovered around Rs 1,666 crore, taking the total recovery for the full year to Rs 4,400 crore, Ashwani Kumar said

UCO Bank appoints Sumit Khandelwal as new chief financial officer

State-run UCO Bank has appointed Sumit Khandelwal as its new chief financial officer (CFO) with immediate effect, according to a regulatory filing. Khandelwal, who previously served as the general manager and the zonal head of the bank's New Delhi zone, replaces Sujoy Dutta as CFO. The 48-year-old banker holds bachelor's degrees in commerce and in law. He is also a qualified chartered accountant, cost accountant, and a certified associate of the Indian Institute of Banking and Finance (CAIIB), according to the filing. Khandelwal brings over 15 years of diverse banking experience, having served across multiple corporate branches, zones, and departments within the bank, it added.

Bank of Maharashtra, UCO Bk, IOB: PSBs rise up to 6% on June 2; here's why

The Nifty PSU Bank index rose as much as 1.96 per cent to hit an intraday high of 7,010.45, with all its constituents trading in the green.

Ex-Uco bank chief Subodh Goel arrested in Rs 6,210 cr loan fraud case

The former CMD of Uco bank was arrested by the ED from his residence in New Delhi; special PMLA court in Kolkata grants ED custody of Goel till May 21

ED arrests former Uco Bank chairman Subodh Kumar Goel in fraud case

ED arrests ex-Uco Bank CMD Subodh Goel in ₹6,210 crore fraud case; agency alleges he received illegal gratification via shell firms during credit sanctions to CSPL

Oracle Financial, 11 others to go ex-dividend next week; do you own any?

Here is the complete list of stocks that will trade ex-dividend next week, along with their details

UCO Bank Q4 results: Profit rises 24% to Rs 665.7 cr, NPAs decline to 2.69%

UCO Bank on Monday reported a nearly 24 per cent year-on-year jump in consolidated net profit to Rs 665.72 crore for the quarter ended March. The state-owned lender's bottomline stood at Rs 537.86 crore in the corresponding quarter a year ago. Consolidated total income for the period under review was around Rs 8,136 crore, up from Rs 6,984 crore a year ago, it said. For the full year ended March 31, 2025, UCO Bank's consolidated net profit stood at Rs 2,468 crore compared to Rs 1,671 crore in the 2023-24 fiscal. The bank's asset quality improved, with gross non-performing assets (NPA) ratio declining to 2.69 per cent as of March 31 from 3.46 per cent a year ago, while the net NPA ratio fell to 0.50 per cent from 0.89 per cent. The provision coverage ratio stood at 96.69 per cent. The lender's total business rose 14.12 per cent year-on-year to Rs 5,13,527 crore as of March, driven by a 17.72 per cent growth in gross advances to Rs 2,19,985 crore and an 11.56-per cent increase in to