UCO Bank Reports Profit Growth, Plans Fund-Raising and SEBI Extension Request

UCO Bank reported a 15.65% year-on-year rise in net profit to Rs 739 crore for the third quarter ended December 2025, driven by core operational growth, improved margins, and better asset quality. The bank's total business grew 13.25%, with advances up 16.74% and deposits rising 10.64%. Asset quality improved as gross NPAs fell to 2.41%. UCO Bank is considering fund-raising options like QIP and OFS but will seek an extension from SEBI to meet the minimum public shareholding deadline, as the government currently holds 90.95% stake and is unlikely to dilute to 25% by August 2026.