Hot Pursuit
UCO Bank reported a 16.58% rise in total advances to Rs 2.25 lakh crore as of 30 June 2025, as against Rs 1.93 lakh crore recorded as of 30 June 2024.
On a quarter-on-quarter (QoQ) basis, the total advances grew by 2.27% in Q1 FY26 from Rs 2.20 lakh crore as of 31 March 2025.
During the quarter, total business stood at Rs 5.24 lakh crore (up 13.67% YoY and 1.95% QoQ), while total deposits were at Rs 2.99 lakh crore (up 11.57% YoY and 1.70% QoQ).
Domestic advances jumped 19.76% to Rs 2 lakh crore as of 30 June 2025, from Rs 1.67 lakh crore as of 30 June 2024, and rose 2.56% from Rs 1.95 lakh crore as of 31 March 2025.
Domestic deposits stood at Rs 2.80 lakh crore, reflecting a 9.80% YoY growth and a 1.45% QoQ increase.
The domestic CASA ratio stood at 36.90% as of 30 June 2025, compared to 38.62% as of 30 June 2024 and 37.91% as of 31 March 2025.
The credit-deposit (CD) ratio improved to 75.48% as of 30 June 2025, compared to 72.07% as of 30 June 2024 and 74.94% as of 31 March 2025.
UCO Bank is engaged in providing a wide range of banking and financial services, including retail banking, corporate banking, and treasury operations.
The bank's standalone net profit increased 27.04% to Rs 638.83 crore in Q3 FY25 as against Rs 502.83 crore posted in Q3 FY24. The bank's total income grew 15.48% to Rs 7,405.89 crore in the quarter ended 31 March 2024.
The scrip rose 0.62% to Rs 32.56 on the BSE.
Powered by Capital Market - Live News