UCO Bank posts 50% jump in net profit to Rs 603 crore in Q2
State-owned UCO Bank reports a 50% rise in net profit to Rs 603 crore in the September quarter, driven by higher interest income. Gross NPAs reduced to 3.18%, and net NPAs fell to 0.73%. The bank anticipates 12-14% credit growth for the financial year.
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State-owned UCO Bank reports a 50% rise in net profit to Rs 603 crore in the September quarter, driven by higher interest income. Gross NPAs reduced to 3.18%, and net NPAs fell to 0.73%. The bank anticipates 12-14% credit growth for the financial year. 
