UCO Bank's Q2 update: Total-business surges 13% to ₹5.37L crore
What's the story
State-owned UCO Bank has announced a strong financial performance for the quarter ending September 30, 2025. The bank's total business stood at ₹5.37 lakh crore, marking a year-on-year growth of 13.29% and a quarter-on-quarter increase of 2.48%. This impressive growth was driven by an increase in both advances and deposits during the period under review.
Financial highlights
Domestic advances and deposits see significant growth
UCO Bank's total advances for the quarter rose by 16.67% YoY to ₹2.31 lakh crore. Domestic advances saw a larger jump of 17.24% YoY, reaching ₹2.04 lakh crore. The bank's total deposits also witnessed a healthy growth of 10.87% YoY to ₹3.06 lakh crore, with domestic deposits increasing by 9.85% YoY to ₹2.90 lakh crore during this period under review.
Ratio performance
CASA ratio stands at 38.11%
As of September 30, 2025, UCO Bank's domestic CASA ratio stood at 38.11%, slightly down from 38.24% a year ago. The credit-to-deposit (CD) ratio improved to 75.56%, up from last year's figure of 71.77%. These numbers indicate that the bank has been efficiently utilizing its deposits for lending activities while maintaining a healthy balance between current and savings account deposits in its portfolio.
Income details
NII rises by 7% YoY
UCO Bank's Net Interest Income (NII) for the quarter rose by 7% YoY to ₹2,403 crore. The bank's Gross Non-Performing Assets (NPA) ratio stood at 2.63%, slightly down from last quarter's figure of 2.69%. Meanwhile, the Net NPA ratio improved to 0.45% from March quarter's figure of 0.50%. These numbers indicate that the bank has been able to maintain a healthy balance between its assets and liabilities while managing risks effectively during this period under review.