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of <h1>UCO Bank Q3 Net Profit Jumps 27% to Rs 639 Crore, Boosted by Strong Income and Lower NPAs.</h1> State-owned UCO Bank reported a 27% rise in net profit, reaching Rs 639 crore for Q3 ending December 2024, driven by strong interest and non-interest income. The bank's operating profit increased to Rs 1,586 crore, with total income rising to Rs 7,406 crore. Interest income grew to Rs 6,220 crore, and Net Interest Income rose 20% to Rs 2,378 crore. The Net Interest Margin improved to 3.17%. Gross NPAs decreased to 2.91%, and net NPAs to 0.63%. The capital adequacy ratio increased to 16.25%, with total business reaching Rs 4,88,911 crore.
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