By Uco Bank
TIL CreativesUCO Bank’s loan growth in Q1 FY26 (Representational)
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.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.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.Live EventsThe credit-deposit ratio increased to 75.48 per cent in the first quarter as against 72.07 per cent in the year-ago period.(You can now subscribe to our Economic Times WhatsApp channel)
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(You can now subscribe to our Economic Times WhatsApp channel)Read More News onuco bankuco bankloan growthUCO Bank Q1 loan growthUCO Bank credit growthUCO Bank loan performanceUCO Bank financial resultsIndia banking sector updateUCO Bank deposits increase(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online….moreless