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Aadhar Housing Finance, UCO Bank enter into co-lending partnership

To provide efficient home finance solutions to economically weaker sections
10-11-2021
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Q2FY22 Quarterly Result Announced for UCO Bank

Financial Performance: Bank has made Net Profit of Rs. 205.39 Crore during the quarter ended September 2021 us against Net Profit of Rs. 30.11 Crore in the quarter ended September 2020 registering a growth of 582.12%. Operating Profit of the Bank for the quarter September 2021 stood at Rs. 1334.15 Crore as against Rs. 1075.39 Crore for the quarter ended September 2020 registering a growth of 23.99%. Net Interest Income of the Bank for the quarter ended September 2021 has increased to Rs. 1597.72 Crore from Rs. 1393.16 Crore for the quarter ended September 2020 registering a growth of 14.68%. This is highest Net Interest Income in the history. Other Income of the Bank for the quarter ended September 2021 has increase to Rs. 936.07 Crore as against Rs. 712.52 Crore for the quarter ended September 2020 registering a growth of 31.37%. Total Business of the Bank has increased to Rs. 335237.94 Crore as on 30.09.2021 from Rs. 312746.10 Crore as on 30.09.2020 registering a growth of 7.19% Total Deposits of the Bank has increased to Rs. 213685.92 Crore as on 30.09.2021 from Rs.197696.38 Crore as on 30.09.2020 registering a growth of 8.09% CASA of the Bank (Domestic) stood at 38.95% as on 30.09.2021. Savings Deposits of the Bank has increased to Rs. 72892.09 Crore as on 30.09.2021 from Rs. 67486.84 Crore as on 30.09.2020 registering a growth of 8.01%. Total Advances of the Bank stands at Rs. 121552.03 Crore as on 30.09.2021 as against Rs. 115049.72 Crore as on 30.09.2020 registering a growth of 5.65% Gross NPA of the Bank has reduced to Rs 10909.79 Crore (8.98%) as on 30.09.2021 from Rs. 13365.74 Crore (11.62 %) as on 30.09.2020 and from Rs. 11321.76 Crore (9.37%) as on 30.06.2021. Net NPA of the Bank has reduced to Rs. 3854.33 Crore (3.37%) as on 30.09.2021 from Rs. 4387.24 Crore (3.85%) as on 30.06.2021. Net NPA percentage as on 30.09.2020 stand at 3.63%. Provision Coverage Ratio of the Bank has increased to 90.02% as on 30.09.2021 from 89.82% as on 30.09.2020 and from 88.53% as on 30.06.2021. Capital Adequacy Ratio of the Bank stood at 14.31% and CET-1 Ratio at 30.09.2021. Result PDF
29-10-2021

UCO Bank logs multifold jump in Q2 net profit at Rs 205 crore

UCO Bank on Thursday reported a multifold jump in net profit at Rs 205.39 crore for the second quarter ended September 2021 as bad loans fell. The Kolkata-headquartered public sector lender had registered a net profit of Rs 30.12 crore in the year-ago period. Total income in July-September 2021-22 rose to Rs 4,655.86 crore from Rs 4,327.13 crore in the year-ago period, the lender said in a regulatory filing. Reserve Bank of India (RBI) had recently removed UCO Bank from its prompt corrective action (PCA) framework following improvement in various parameters. The bank came under the purview of PCA restrictions in May 2017. "This is the best result in the last three years. This shows that the bank is on the growth path", UCO Bank MD and CEO A K Goel said. Operating profit of the lender during the second quarter of the current fiscal increased by 24 per cent to Rs 1,334 crore as compared to Rs 1,075 crore in the same period last year. The capital adequacy ratio at 14.31 per cent a
28-10-2021
Bigul

UCO BANK - 532505 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Press Release on Reviewed Financial Results for the quarter and half year ended 30th September, 2021
28-10-2021
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UCO Bank - 532505 - Reviewed Financial Results Of UCO Bank For The Quarter And Half Year Ended 30.09.2021

Reviewed Financial Results of UCO Bank for the quarter and half year ended 30.09.2021
28-10-2021
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UCO Bank - 532505 - Board Meeting Intimation for Considering Unaudited (Reviewed) Financial Results Of The Bank For The 2Nd Quarter And Half Year Ended 30Th September, 2021

UCO BANKhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2021 ,inter alia, to consider and approve unaudited (reviewed) financial results of the Bank for the 2nd quarter and half year ended 30th September, 2021.
19-10-2021
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UCO BANK - 532505 - Statement Of Investor Complaints For The Quarter Ended September 2021

No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 03813810 Name of the Signatory :- N Purna Chandra RaoDesignation :- Company Secretary and Compliance Officer
11-10-2021
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UCO Bank - 532505 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Certificate under Regulation 74(5) for the quarter ended September 30,2021 enclosed
05-10-2021
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