Friday, January 28, 2011

UCO Bank Q3 net profit up at Rs 301 cr

UCO Bank has declared its third quarter numbers. The company's Q3 net profit was up at Rs 301 crore versus Rs 246 crore.

Net interest income increased by 69.11% to Rs 1,062 crore from Rs 628 crore.

Net non-performing assets (NPAs) went up at 1.13% versus 0.89% and gross NPAs too were up at 2.57% versus 2.01% (YoY).

Source: http://www.moneycontrol.com/

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd

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