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UCO Bank Posts Strong Q3 Growth
2 Jan
Summary
- Total business grew over 13% to Rs 5.54 lakh crore.
- Advances saw a significant rise of 16.27 percent.
- Deposits increased by 10.71 percent, enhancing financial health.
Kolkata-based UCO Bank reported a substantial 13.29 percent increase in its total business for the third quarter, reaching Rs 5.54 lakh crore. This significant growth from Rs 4.89 lakh crore in the previous year highlights the bank's expanding operations and market presence.
The bank's lending activities also showed impressive momentum, with total advances climbing by 16.27 percent to Rs 2.43 lakh crore. Domestic advances specifically grew by 17.49 percent. Concurrently, total deposits rose by 10.71 percent to Rs 3.10 lakh crore, demonstrating continued customer confidence.
Further strengthening its financial position, UCO Bank improved its low-cost fund ratio, with domestic CASA reaching 38.41 percent. The Credit-Deposit ratio also saw an upward trend, standing at 78.61 percent, reflecting efficient fund management and lending practices as of the December 2025 quarter.
