UCO BANK - 532505 - Board Meeting To Consider Dividend
Further to our letter ref. HO/Finance/Share/40/2022-23 dated 13.05.2022 regarding captioned subject, we hereby inform that the proposal for recommendation of dividend could not be placed before the meeting of the Board of Directors scheduled to be held on this day i.e. 19.05.2022 since the requisite requlatory approval has not yet been received for declaration of dividend. This is for information and dissemination.
UCO Bank appoints Sujoy Dutta as CFO; JK Bank gets govt nominee director
UCO Bank on Wednesday said it has designated Sujoy Dutta as the new chief financial officer with immediate effect. "Sujoy Dutta, deputy general manager of our bank, has been designated as new Chief Financial Officer (CFO) of the bank with immediate effect in place of Shashi Kant Kumar, general manager of the bank," UCO Bank said in a regulatory filing. Dutta holds a bachelor degree in commerce from Calcutta University and he is a member of the Institute of Chartered Accountant of India (ICAI). Prior to his present position as deputy general manager (Finance) at bank's head office, Kolkata, he was zonal head of bank's New Delhi zonal office, the state-owned lender said. Another lender J&K Bank said that government of Jammu & Kashmir vide an order dated May 17, 2022 has nominated Vivek Bhardwaj, additional chief secretary, Finance Department as government nominee director on the board of directors of the bank, in place of Atal Dulloo, (additional chief secretary) with effect... UCO BANK - 532505 - Announcement under Regulation 30 (LODR)-Change in Management
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we inform that Mr Sujoy Dutta, Deputy General Manager of our Bank, has been designated as new Chief Financial Officer (CFO) of the Bank with immediate effect in place of Mr Shashi Kant Kumar, General Manager of the Bank. Brief Profile of Mr Sujoy Dutta is enclosed. Q4FY22 Quarterly Result Announced for UCO Bank
UCO Bank declares Q4FY22 result: Bank has made Net Profit of Rs 312.18 crore during the quarter ended March 2022 as against Net Profit of Rs 80.02 crore in the quarter ended March 2021 registering a growth of 290.11%. Bank has made Net Profit of Rs 929.76 crore during the year ended March 2022 as against Net Profit of Rs 167.03 crore in the quarter ended March 2021 registering a growth of 456.63%. Operating Profit of the Bank for the year ended March 2022 has increased to Rs 4797.43 crore as against Rs 4149.07 crore for the year ended March 2021 registering a growth of 15.63%. Net Interest Income of the Bank for the quarter ended March 2022 has increased to Rs 1652.38 crore from Rs 1412.61 crore for the quarter ended March 2021 registering a growth of 16.97%. Net Interest Income of the Bank for the year ended March 2022 has increased to Rs 6472.95 crore from Rs 5479.70 crore for the year ended March 2021 registering a growth of 18.13%. This is highest Net Interest Income earned by the Bank. Other Income of the Bank for the quarter ended March 2022 has stood at Rs 588.95 crore as against Rs 719.15 crore for the quarter ended December 2021. Other Income of the Bank for the year ended March 2022 has stood at Rs 3100.81 crore as against Rs 3424.18 crore for the year ended March 2021. Total Business of the Bank has increased to Rs 353850.24 crore as on 31.03.2022 from Rs 324324.20 crore as on 31.03.2021 registering a growth of 9.10%. Total Deposits of the Bank has increased to Rs 224072.90 crore as on 31.03.2022 from Rs 205919.39 crore as on 31.03.2021 registering a growth of 8.82%. CASA of the Bank (Domestic) stood at 40.26% as on 31.03.2022. Savings Deposits of the Bank has increased to Rs 77161.76 crore as on 31.03.2022 from Rs 70808.70 crore as on 31.03.2021 registering a growth of 8.97%. Total Advances of the Bank stands at Rs 129777.34 crore as on 31.03.2022 as against Rs 118404.81 crore as on 31.03.2021 registering a growth of 9.60%. Gross NPA of the Bank has reduced to Rs 10237.43 crore (7.89%) as on 31.03.2022 from Rs 11351.97 crore (9.59%) as on 31.03.2021. Gross NPA as on 31.12.2021 was at Rs 10042.41 crore (8.00%) as on 31.12.2021. Net NPA of the Bank has reduced to Rs 3315.78 crore (2.70%) as on 31.03.2022 from Rs 4389.50 crore (3.94%) as on 31.03.2021 and from Rs 3333.59 crore (2.81%) as on 31.12.2021. Result PDF
UCO Bank Q4 net profit up 290%, says will open new branches across India
The company says it seeks a loan growth of 15 per cent this fiscal and it has managed to reduce its NPA. UCO BANK - 532505 - Board Meeting Intimation for Considering The Proposal Of Dividend
UCO BANKhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/05/2022 ,inter alia, to consider and approve the proposal of recommending Dividend UCO BANK - 532505 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
We enclose herewith press release on Audited Financial Results for the quarter and year ended 31st March, 2022 for kind perusal. UCO BANK - 532505 - Financial Updates : Cash Flow Statement For The Year Ended 31.03.2022
Further to our letter ref: HO/Finance/Share/36/2022-23 dated 13.05.2022, we enclose herewith the Standalone and Consolidated Cash Flow Statement for the year ended 31st March, 2022. UCO BANK - 532505 - Audited Financial Results For The Quarter/Year Ended 31.03.2022
Audited Financial Results for the Quarter/Year ended 31.03.2022 