UCO Bank posts strong Q1 results, showing double-digit growth in business and profitability for FY2026-27
UCO Bank reported robust performance for the quarter ending June 30, 2026, highlighting significant growth across its overall business, asset quality, and key operational metrics. The bank saw a substantial increase in total business, while simultaneously improving profit margins and maintaining strong balance sheet health.As of June 30, 2026, the Bank's Total Business stood at Rs 6,05,083 Crore, marking a growth of 15.53% year-on-year (Y-o-Y). Gross Advances grew by 21.18% to reach Rs 2,72,768 Crore, while Total Deposits saw an increase of 11.28%, reaching Rs 3,32,315 Crore.Capital and Deposit Growth
The bank demonstrated...