UCO Bank

UCO Bank will hold a meeting of the Board of Directors of the Company on 28 April 2025.Powered by Capital Market - Live

On a quarter-on-quarter (QoQ) basis, the total advances grew by 5.26% in Q4 FY25 from Rs 2.09 lakh crore as on 31 December 2024. During the quarter, total business stood at Rs 5.13 lakh crore (up 14% YoY and 4.91% QoQ), while total deposits were at Rs 2.93 lakh crore (up 11.41% YoY and 4.64% QoQ). Domestic advances jumped 20.37% to Rs 1.95 lakh crore as of 31 March 2025, from Rs 1.62 lakh crore as of 31 March 2024, and rose 6.56% from Rs 1.83 lakh crore as of 31 December 2024. Domestic deposits stood at Rs 2.76 lakh crore, reflecting a 10.40% YoY growth and a 4.15% QoQ increase. The domestic CASA ratio stood at 37.90% as of 31 March 2025, compared to 39.25% as of 31 March 2024 and 37.97% as of 31 December 2024. The credit-deposit (CD) ratio improved to 75.01% as of 31 March 2025, compared to 71.02% as of 31 March 2024 and 74.45% as of 31 December 2024. 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 0.56% to Rs 30.56 on the BSE.Powered by Capital Market - Live

Suven Pharmaceuticals Ltd, Ipca Laboratories Ltd, Voltas Ltd and Redington Ltd are among the other losers in the BSE's 'A' group today, 01 April 2025.UCO Bank crashed 11.86% to Rs 31.5 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 33 lakh shares were traded on the counter so far as against the average daily volumes of 5.54 lakh shares in the past one month.Suven Pharmaceuticals Ltd tumbled 7.27% to Rs 1075.45. The stock was the second biggest loser in 'A' group.On the BSE, 15228 shares were traded on the counter so far as against the average daily volumes of 10406 shares in the past one month.Ipca Laboratories Ltd lost 6.93% to Rs 1397.25. The stock was the third biggest loser in 'A' group.On the BSE, 6902 shares were traded on the counter so far as against the average daily volumes of 4565 shares in the past one month.Voltas Ltd slipped 6.75% to Rs 1360. The stock was the fourth biggest loser in 'A' group.On the BSE, 1.11 lakh shares were traded on the counter so far as against the average daily volumes of 70687 shares in the past one month.Redington Ltd dropped 6.33% to Rs 227.75. The stock was the fifth biggest loser in 'A' group.On the BSE, 2.78 lakh shares were traded on the counter so far as against the average daily volumes of 2.65 lakh shares in the past one month.Powered by Capital Market - Live

The board of directors of the bank authorized and declared the opening of the issue on Monday, 24 March 2025. The floor price of Rs 36.07 is at a discount of 5.67% to the scrip's previous closing price of Rs 38.24 on the BSE. The bank may, at its discretion, offer a discount of not more than 5% on the floor price so calculated for the QIP. 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. Shares of UCO Bank declined 4.03% to Rs 36.70 on the BSE.Powered by Capital Market - Live

UCO Bank has  reviewed the Benchmark rates and decided for revision in Treasury Bill Linked Lending Rate (TBLR) and G-Sec linked UCO G-Sec (1 year), with effect from 10 March 2025 as detailed hereunder: MCLR Tenor  MCLR (%) Overnight  8.25 One month  8.45 Three month  8.60 Six month  8.90 One year  9.10 TBLR (3 month)  6.45% TBLR (6 month)  6.55% TBLR (12 month)  6.55% G-Sec Linked UCO G-Sec (1 year) 6.63% Repo Linked Rate - UCO Float 9.05% Base Rate 9.60% BPLR  14.25% The revised TBLR and G-Sec Linked UCO G-Sec is effective from 10.03.2025. Other Benchmark rates viz. MCLR, Repo Linked Rate, Base Rate and BPLR remain unchanged. Powered by Capital Market - Live

UCO Bank is up for a third straight session in a row. The stock is quoting at Rs 37.42, up 1.8% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 22451.5. The Sensex is at 74122.32, up 0.53%. UCO Bank has dropped around 10.88% in last one month. Meanwhile, Nifty PSU Bank index of which UCO Bank is a constituent, has dropped around 4.21% in last one month and is currently quoting at 5890.45, up 0.77% on the day. The volume in the stock stood at 18.77 lakh shares today, compared to the daily average of 37.34 lakh shares in last one month.The PE of the stock is 18.94 based on TTM earnings ending December 24.Powered by Capital Market - Live

Net profit of UCO Bank rose 26.71% to Rs 640.16 crore in the quarter ended December 2024 as against Rs 505.23 crore during the previous quarter ended December 2023. Total Operating Income rose 12.03% to Rs 6219.96 crore in the quarter ended December 2024 as against Rs 5551.89 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Total Operating Income6219.965551.89 12 OPM %58.7262.68 - PBDT996.18776.89 28 PBT996.18776.89 28 NP640.16505.23 27 Powered by Capital Market - Live

The bank's total income grew 15.48% to Rs 7,405.89 crore in the quarter ended 31 March 2024. Total business also saw an increase of 12.28% YoY to Rs 4,88,911 crore as of 31 December 2024, up from Rs 4,35,456 crore posted in the same quarter previous year. On the deposits front, UCO Bank's total deposits rose by 9.36% YoY to Rs 2,80,256 crore as of 31 December 2024, compared to Rs 2,56,261 crore in the same period of the previous year. Gross advances increased 16.44% YoY to Rs 2,08,655 crore as on 31 December 2024 as compared to Rs 1,79,195 crore a year ago. Notably, advances in the Retail, Agriculture, and MSME (RAM) sectors registered significant gains. RAM (Retail, Agri & MSME) business stood at Rs 1,14,350 crore as on 31.12.2024 as against Rs 93,720 crore as on 31.12.2023, registering a growth of 22.01% YoY basis. The bank's retail advances surged by 31.01% YoY to Rs 50,055 crore in Q3 FY25, driven by growth in home and vehicle loans, which increased by 19.35% and 51.93%, respectively. Agriculture advances also saw a growth of 20.04% to Rs 28,033 crore, while MSME advances grew by 12.75% to Rs 36,262 crore. In terms of operational performance, UCO Bank posted a 41.73% increase in operating profit, which stood at Rs 1,586 crore for Q3 FY25, compared to Rs 1,119 crore for the same period last year. During the quarter Net interest income (NII) for the quarter grew by 19.62% YoY to Rs 2,378 crore, while net interest margin (NIM) improved to 3.17% from 2.84% a year earlier. The bank's asset quality improved significantly, with gross NPA reducing to 2.91% as of 31 December 2024, down from 3.85% as on 31 December 2023. Net NPA also showed improvement, declining to 0.63% in Q3 FY25 from 0.98% in Q3 FY24. Credit to Deposit Ratio stood at 74.45% as on 31.12.2024. UCO Bank's capital adequacy ratio (CRAR) stood at 16.25% as of 31 December 2024, with the Tier 1 capital ratio at 14.17%. The provision coverage ratio (PCR) stood at 96.16% as on 31.12.2024. The bank's business per employee also showed positive growth, increasing to Rs 22.98 crore in Q3 FY25 from Rs 20.06 crore in the same period of the previous year. UCO Bank is engaged in providing a wide range of banking and financial services, including retail banking, corporate banking, and treasury operations. As of 31 December 2024, Bank had a network of 3,263 domestic branches and 2 overseas branches, each in Hong Kong and Singapore, and 1 representative office in Iran. Out of the total branches, the bank has 2010 (61%) branches in rural & semi-urban areas. The bank has 2,478 ATMs and 10,653 BC Points, making the total number of 16,397 touch points as on 31st December 2024. The scrip declined 1.06% to settle at Rs 44.07 on the BSE. Powered by Capital Market - Live

UCO Bank gained for a third straight session today. The stock is quoting at Rs 44.49, up 3.3% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.64% on the day, quoting at 23350.8. The Sensex is at 77182.56, up 0.74%. UCO Bank has risen around 2.11% in last one month. Meanwhile, Nifty PSU Bank index of which UCO Bank is a constituent, has risen around 3.1% in last one month and is currently quoting at 6294, up 2.32% on the day. The volume in the stock stood at 39.8 lakh shares today, compared to the daily average of 59.65 lakh shares in last one month.The PE of the stock is 23.55 based on TTM earnings ending September 24.Powered by Capital Market - Live

UCO Bank will hold a meeting of the Board of Directors of the Company on 21 January 2025.Powered by Capital Market - Live