UCO Bank Reports 16% Rise in Q3 Net Profit with Improved Asset Quality
2 hours agoBusiness
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3 SourcesNew Delhi, India
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UCO Bank Reports 16% Rise in Q3 Net Profit with Improved Asset Quality

UCO Bank reported a 16% year-on-year rise in net profit to around Rs 739-740 crore for the third quarter ended December 31, 2025, driven by an 11% increase in net interest income to Rs 2,646 crore. The bank's asset quality improved with gross NPAs declining to 2.41% and net NPAs to 0.36%. Total business grew over 13%, supported by strong growth in retail, agriculture, and MSME loans. Operating profit rose about 6%, while other income declined. Deposits increased by over 10%, with a higher share of low-cost CASA deposits.

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