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UCO BANK NIM
UCO Bank sees no MSME stress from US tariffs, Iran warThe public sector bank's chief executive, Ashwani Kumar, told ET that its loan portfolio performance behaviour is healthy on a year-on-year...- UCO Bank Q4 profit jumps 23% on lower provisions; margins dipUco Bank witnessed a significant 23% surge in its fourth-quarter net profit, reaching Rs 801 crore, largely due to reduced provisions. Desp...
- Bank of India, Central Bank and Uco Bank post Q2 profit gains despite margin pressurePublic sector banks Uco Bank, Central Bank of India, and Bank of India reported increased net profits in the September quarter, driven by h...
- Higher treasury gains bolster banks' profitability in June quarterBanks' profitability received a boost from higher treasury gains in the June quarter, offsetting pressure on net interest margins following...
- UCO Bank Q1 profit rises 10% to Rs 607 crore; NIM guidance revisedUCO Bank posted a 10% YoY rise in Q1FY26 net profit at Rs 607 crore, aided by strong treasury gains. Despite higher provisions and lower NI...
- Four more foreign lenders approach Uco Bank for opening special Rupee Vostro AccountsTwo of these banks are from Russia, he said. "We will soon approach the Reserve Bank of India for approval," he said. Uco has already opene...
- UCO Bank, Punjab & Sind Bank shares fall over 4% post Q4 earningsUCO Bank and Punjab & Sind Bank's shares fell over 4% after posting Q4 FY23 earnings. UCO Bank recorded its highest-ever net profit of Rs 1...
- PSU bank stocks deliver up to 96% return in FY23. Will the magic repeat in next fiscal?In the 12-pack index of all state-run banks, India's largest lender the State Bank of India (SBI) is the worst performer with a minor retur...
- Uco Bank Q3 results: Net profit jumps 9-fold to Rs 310 croreUco's net interest margin, a key profitability parameter, was at 3.03 per cent for the December quarter, compared with 2.54 per cent earlie...
- Banks face pressure on NIM as they lower rates to outsmart rivalsFive of the seven state-owned banks that have announced their quarterly earnings so far have reported lower NIM for the September quarter. ...
- Uco Bank Q2 results: Profit surges 7-fold to Rs 205 croreNet interest income (NIM), a key parameter of profitability, remained flat at 2.79% for the quarter under review, despite lower lending rat...
- UCO Bank for rupee payment deal with Sudan, Syria for oil importsUCO Bank is keen to extend the rupee payment arrangement, which it already has with Iran, for oil imports from Sudan and Syria.
- Bullish on ING Vysya Bank, ICICI Bank and Axis Bank: Ajay BodkeHowever we still see pain continuing in pockets in PSU banking sector which is evident in the numbers that PNB or to an extent even BOB dol...
- Control over quality of credit helped us have good NII growth: Arun Kaul, UCO Bank"We have also been able to improve CASA, reduce cost of funds and also have shown a growth in credit at 16%. Moreover we have maintained gr...
- Uco Bank reports four-fold rise in Q2 net profitThe bank's asset quality continued to remain under pressure with gross NPA ratio deteriorating to 5.32 per cent from 4.88 per cent a year a...
- UCO Bank Q1 net rises 41 per centNet profit of UCO Bank increased 41 per cent to Rs 511 crore in the April-June period this fiscal.
- ICRA downgrades various UCO Bank's bond programmesRating agency ICRA has downgraded its ratings for various bonds programmes aggregating to Rs 1,075 crore of UCO bank due to deterioration i...
- UCO posts 94.14 pc, UBI 13.7 pc rise in Q2 netNet interest margin (NIM) of the bank during the period fell to 2.84 per cent from 3.23 per cent in the similar previous period.
- 'We plan to capture our customers young'In an exclusive interview with ET, Mr Arun Kaul, chairman & MD, Uco Bank, elaborates on his plans about Uco’s future course.
- Bullish on mid cap bank stocks, ICICI top pick in large cap:Vaibhav AgrawalET now spoke to Vaibhav Agrawal, VP Research, Angel Broking on his outlook on the banking sector.
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