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State-run lender posts double-digit growth in quarterly earnings
UCO Bank’s Q3 net profit grew 16% to Rs 739 crore, supported by core income gains and improved asset quality, while other income declined.
UCO Bank reported a 16% year-on-year rise in net profit for the third quarter of FY2025-26, with earnings reaching Rs 739 crore. The increase was supported by higher core income, while other income declined. Asset quality showed signs of improvement, with non-performing assets ratio moderating. Gross advances and total deposits also recorded growth during the period.