UCO Bank, a public sector bank in India, has reported a strong business growth of 14% year-on-year for the January-March period of financial year 2025. The bank’s total business, comprising deposits and loans, stood at Rs 5.13 lakh crore, a significant increase from Rs 4.5 lakh crore in the same period last year. The growth was driven by a 20.37% expansion in domestic loans, which stood at Rs 1.95 lakh crore. On a sequential basis, domestic advances grew by 6.56%. The total advances increased by 17.65% to Rs 2.2 lakh crore.
Deposits also saw a notable increase, growing by 11.41% to Rs 2.93 lakh crore. While the deposit growth was lower than the loan growth, it was still a significant improvement. The current-account savings-account (CASA) ratio, a key indicator of a bank’s financial health and profitability, stood at 37.9% as of March 2025. This is slightly lower than the 39.25% recorded in March 2024 and the 37.97% in December 2024.
Overall, UCO Bank’s performance indicates a healthy business growth, driven primarily by expansion in domestic loans. The bank’s total business and advances have shown significant growth, reflecting its strong financial performance. Although the CASA ratio has slightly decreased, it remains an important indicator of the bank’s financial health and profitability. The bank’s performance is a positive indicator for investors and stakeholders, and it may bode well for the bank’s future prospects.