However, total revenue fell to only 4,466.97 rupees in the third quarter of this fiscal year, compared to 4,514.21 rupees reported during the same period in 2019-20, UCO Bank said in a regulatory filing. It was.
The non-performing loan ratio of banks was 9.80% of the total loan amount for the quarter ended in December 2020, but was 19.45% in the same period of the previous year.
Net Toxic Assets (NPA) was 2.97% compared to 6.34%.
Reserves for non-performing loans plummeted from Rs 1,645.51 a year ago to Rs 393.06 this quarter.
UCO Bank shares were trading 2.64% higher at BSE at Rs 13.22 per share.
UCO Bank Third Quarter Revenue: UCO Bank Third Quarter Results: Lenders Report Net Income of Rs 35.44
https://economictimes.indiatimes.com/markets/stocks/earnings/uco-bank-q3-results-lender-reports-a-net-profit-of-rs-35-44-crore/articleshow/80445937.cms UCO Bank Third Quarter Revenue: UCO Bank Third Quarter Results: Lenders Report Net Income of Rs 35.44