Reports growth in total business, advances and deposits

Reports growth in total business, advances and deposits

Public sector lender UCO Bank on Monday (April 8) posted encouraging figures for the fourth quarter, showcasing growth in its total business, advances, deposits, and an improvement in its CASA ratio.The bank’s total business surged to ₹4.50 lakh crore, marking an increase from ₹4.35 lakh crore in the previous quarter and ₹4.11 lakh crore from the same period last year.Furthermore, UCO Bank’s total advances reached ₹1.87 lakh crore, up from ₹1.79 lakh crore in the previous quarter and ₹1.62 lakh crore from the corresponding quarter last year.

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In terms of deposits, UCO Bank recorded…
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Source: https://www.cnbctv18.com/business/companies/uco-bank-q4-business-update-growth-in-total-business-advances-and-deposits-19393946.htm