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UCO Bank reports net loss of Rs 588.19 crore in Q4FY17

15 May 2017 Evaluate

UCO Bank has reported results for the fourth quarter and year ended March 31, 2017.

The Bank has posted a net loss of Rs 588.19 crore for the quarter ended March 31, 2017, as compared to a net loss of Rs 1715.15 crore for the same quarter in the previous year. Total income of the Bank decreased by 17.67% at Rs 3906.74 crore for quarter under review as compared to Rs 4745.48 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, the Bank has posted a net loss of Rs 1850.67 crore as compared to a net loss of Rs 2799.25 crore for the same period in the previous year. Total income of Bank decreased by 8.52% at Rs 18440.29 crore for year under review as compared to Rs 20157.28 crore for the period ended March 31, 2016.

Peers
Company Name CMP
State Bank Of India 941.00
PNB 116.00
Bank Of Baroda 235.00
Canara Bank 118.10
Union Bank Of India 171.45
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