Latest News | UCO Bank Posts 17 Pc Loan Growth in Q1

Latest News | UCO Bank Posts 17 Pc Loan Growth in Q1

New Delhi, Jul 3 (PTI) State-owned UCO Bank on Thursday said it has registered a credit growth of 16.58 per cent at Rs 2.25 lakh crore in the April-June quarter. The outstanding credit was Rs 1.93 lakh crore at the end of the first quarter of the previous fiscal, UCO Bank said in a regulatory filing. Also Read | RBI Bank Holiday List for July 2025: Banks To Remain Closed on These Days This Month, Check Region-Wise Bank Holidays Dates. The Kolkata-headquartered lender reported an 11.57 per cent increase in total deposits to Rs 2.99 lakh crore in the reporting quarter as against Rs 2.68 lakh crore at the end of the first quarter of the previous financial year. As a result, total business (total credit and deposits) of the bank registered an increase of 13.67 per cent to Rs 5.24 lakh crore as against Rs 4.61 lakh crore at the end of June 30, 2024. Also Read | Bodoland Lottery Result Today, July 03, 2025: Assam State Lottery Sambad Thursday Lucky Draw Results Declared, Check Winners List With Ticket Numbers. During the latest quarter, it said, the Current Accounts and Savings Accounts (CASA) ratio declined to 36.90 per cent of the total deposits as against 38.62 per cent in the same period of the preceding financial year. The credit-deposit ratio increased to 75.48 per cent in the first quarter as against 72.07 per cent in the year-ago period. (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

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