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UCO Bank reports above 4 - fold jump in Q1 net profit

27 Jul 2021 Evaluate

UCO Bank has reported results for first quarter ended June 30, 2021.

The bank has reported above 4 - fold jump in its net profit of Rs 101.81 crore for the quarter under review as against net profit of Rs 21.46 crore for the same quarter in the previous year. Total income of the bank increased 2.31% at Rs 4539.08 crore for Q1FY22 as compared Rs 4436.57 crore for the corresponding quarter previous year.

UCO Bank is a commercial bank and a Government of India Undertaking. The Bank offers wide range of services includes Personal Banking, Corporate Banking, International Banking, Rural Banking and other services.

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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