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Latest Money & Banking, Financial News Today - news | The HinduBusinessLine

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UCO Bank records 19% rise in loan growth in Q4
2026-04-06 · via Latest Money & Banking, Financial News Today - news | The HinduBusinessLine

State-owned UCO Bank on Monday reported a 19 per cent credit growth at ₹2.62 lakh crore in the January-March quarter of FY26.

Total advances were at ₹2.20 lakh crore in the year-ago quarter that ended in March 2025, UCO Bank said in a regulatory filing.

The Kolkata-based lender reported an 11 per cent rise in total deposits at ₹3.27 lakh crore during the reporting quarter, as against ₹2.94 lakh crore registered at the end of the fourth quarter of the preceding financial year.

During the period under review, low-cost CASA deposits improved to 38.48 per cent as compared to 37.91 per cent of total deposits in the fourth quarter of the preceding financial year, it said.

The bank's total business (advances and deposits) increased by 15 per cent to ₹5.89 lakh crore from ₹5.14 lakh crore at the end of March 2025.

The government holds 90.95 per cent equity shares in the bank as of March 31, 2026.

Published on April 6, 2026