UCO Bank (UCOBANK) — Announcement | 22 July 2026(2 announcements)
UCO Bank reported strong YoY growth in deposits (11.28%) and credit (21.18%) as of June 2026, with gross NPA at 2.08% and net NPA at 0.25%. Net profit reached ₹656 crores, up 27.67% YoY, driven by a 79.85% surge in operating profit to ₹2810 crores. The bank maintained a healthy PCR of 97.85% and expanded digital advances sixfold. Capital adequacy improved with CET1 at 17.2% and CRAR at 15.3%. Forward guidance includes targeting 15% credit growth and 12% deposit growth in FY27 amid 6.6% GDP growth projections.
UCO Bank reported Q1 FY2026-27 results showing strong growth in total business to ₹6,05,083 crores (+15.53% YoY), driven by 21.18% YoY growth in gross advances to ₹2,72,768 crores and 11.28% YoY growth in deposits to ₹3,32,315 crores. Net profit rose 8.05% YoY to ₹656 crores, while gross NPA declined 55 bps to 2.08% and net NPA fell 20 bps to 0.25%. The bank improved operational efficiency with business per employee reaching ₹28.47 crores and expanded its branch network to 3,421 domestic branches.
About UCO Bank (UCOBANK)
Financial Services · Banks · Listed on NSE
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📊 More UCOBANK filings
- 🔴 Announcement — 10 September 2026 UCO Bank announced a potential bank-wide strike by the United Forum of Bank Unions (UFBU) from 28-30...
- 🔴 Announcement — 7 September 2026 UCO Bank announced an interest rate update effective September 7, 2026, maintaining all MCLR and sho...
- 🟡 Board Meeting — 13 August 2026 UCO Bank announced the appointment of Shri Manohar Lal Paliwal as a Part-time Non-Official Director ...
- 🔴 Financial Results — 30 July 2026 UCO Bank reported a 15.53% YoY business growth to ₹6,05,000 crores in Q1 FY27, driven by 21.18% adva...
- 🔴 Announcement — 27 July 2026 Fitch Ratings assigned UCO Bank its first BBB- Long-Term IDR rating with a Stable Outlook, along wit...
🔥 Also filed on 22 July 2026
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