UCO Bank, Kolkata-based public sector lender has recently inaugurated its new branch located at Pargaon in Pune. The AGM and Zonal Manager of Pune inaugurated the branch.
The bank has reported 69.19% fall in its net profit at Rs 102.47 crore for the quarter ended December 31, 2012 as compared to Rs 332.55 crore for the same quarter in the previous year. However, total income of the bank has increased by 9.74% at Rs 4360.88 crore for quarter under review as compared to Rs 3973.62 crore for the quarter ended December 31, 2011.