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UCO Bank logs 17% rise in loans in Q2

BusinessUCO Bank logs 17% rise in loans in Q2

State-owned UCO Bank has reported a 16.6% growth in credit to 2.31 lakh crore for the second quarter of FY26.

Its total advances were 1.98 lakh crore at the end of September 30, 2024, UCO Bank said in a regulatory filing.

The Kolkata-based lender reported a 10.8% increase in total deposits to 3.06 lakh crore against 2.76 lakh crore at the end of the second quarter of the previous financial year.

The bank’s total business rose by 13.2% to 5.37 lakh crore from 4.74 lakh crore in the year-ago period.

Current Account and Savings Account (CASA) of the bank stood at 38.1% of the total deposits compared to 38.24% at the end of the second quarter of the previous fiscal.

Credit deposit ratio of the bank rose from 71.77% to 75.56% at the end of September 2025, it added.

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