UCO Bank's advances up 25% YoY as of Sept 30, deposits up 14%
This story was originally published at 19:58 IST on 1 October 2026
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--UCO Bank total deposits as of Sept 30 at INR 3.49 tln, up 14% on year
--UCO Bank total advances as of Sept 30 at INR 2.88 tln, up 25% on year
NEW DELHI – UCO Bank's total advances as of Sept. 30 grew at a much higher pace than its deposits, provisional figures released by the lender Thursday showed. The bank's total advances grew 25% on year to INR 2.88 trillion during the period, while deposits grew 14% to INR 3.49 trillion. The public sector bank's total business during the period grew 19% to INR 6.37 trillion, the bank said in an exchange filing.
The bank's credit deposit ratio at the end of September was 82.37%, slightly higher than 82.08% a quarter ago and significantly higher than 75.47% a year ago.
For the June quarter, the state-owned lender had reported a net profit of INR 6.56 billion on total income of INR 86.82 billion. Thursday, the bank's shares closed at INR 22.93 on the National Stock Exchange, down 1.5% from the previous close. End
Reported by Priyasmita Dutta
Edited by Deepshikha Bhardwaj
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