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UCO Bank posts 27pc rise in Q3FY'25 net profit to Rs 638.8 crore
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....CO Bank posts 27pc rise in Q3FY'25 net profit to Rs 638.8 crore <br>PTI News<br>Dated:- 21-1-2025<br>PTI<BR>Kolkata, Jan 21 (PTI) State-run UCO Bank on Tuesday reported a 27.1 per cent year-on-year in....
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....crease in its net profit to Rs 638.83 crore for the third quarter of the current fiscal. The lender had posted a net profit of Rs 502.83 crore in the same quarter last year. The bank's total income ....
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....grew by 15.5 per cent to Rs 7,405.89 crore in the October-December period of the 2024-25 financial year (FY'25), as compared to Rs 6,412.71 crore in the corresponding period last year. Interest earne....
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....d during the quarter rose to Rs 6,219.96 crore from Rs 5,551.89 crore a year ago, driven by higher advances and improved yields. For the nine months ended December 31, 2024, UCO Bank reported a 58.9 ....
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....per cent increase in net profit to Rs 1,792.53 crore, up from Rs 1,127.97 crore in the year-ago period. The total income, during the nine months, stood at Rs 21,33,674 crore, a 17.6 per cent rise fro....
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....m Rs 18,13,526 crore in the corresponding period last year, the lender said. Asset quality improved, with the gross non-performing asset (NPA) ratio declining to 2.91 per cent as of December 31, 2024....
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...., from 3.78 per cent a year earlier. The provision coverage ratio (PCR) strengthened to 96.16 per cent during the same period, up from 95.21 per cent a year ago. PTI BSM BDC<BR> News - Press release ....
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....- PIB....