UCO Bank has sought Expression of Interest (EOI) for selling Rs 555 crore of NPAs. The bank’s gross NPA for the March ended quarter of the current fiscal soared higher at 5.42% as compared to 3.48% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 3.17%, higher as compared to 1.96% in the same quarter of the previous year.
The bank reported 80.40% plunge in Q4FY13 net profit at Rs 49.55 crore as compared to Rs 252.84 crore for the Q4FY12. However, its total income has increased by 7.36% to Rs 4527.06 crore for the quarter from Rs 4216.63 crore for the corresponding quarter of the previous year.
For the year ended March 31, 2013, the bank’s net profit fell by 44.24% at Rs 618.19 crore as compared to Rs 1108.67 crore for the year ended March 31, 2012. However, its total income has increased by 13.50% to Rs 17703.88 crore for the year under the review from Rs 15597.92 crore for the previous year.
Company Name | CMP |
---|---|
SBI | 905.80 |
Canara Bank | 128.05 |
Bank Of Baroda | 296.65 |
PNB | 137.00 |
Union Bank Of India | 170.00 |
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