SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

CARE reaffirms rating of UCO Bank’s various bonds

06 Sep 2013 Evaluate

Credit rating agency, CARE has reaffirmed ‘AA’ rating to UCO Bank’s Tier II Bonds (Series V to Series VII & Series IX) worth Rs 1,025.0 crore. The rating agency has also reaffirmed ‘AA-’ rating to bank’s Upper Tier II Bonds (Series I & III) worth Rs 620.00 crore and Perpetual Debt (Series I) worth Rs 150.00 crore .

The aforesaid ratings draw strength from the strong parentage with continued support demonstrated by (GoI), its long standing track record, pan-India presence with wide & expanding branch & ATM network, moderate growth in advances, stable investment profile, satisfactory Capital Adequacy Ratio (CAR) and comfortable ALM & interest rate sensitivity profile.

The bank has reported a rise of 41.01% in its net profit at Rs 511.11 crore for quarter ended June 30, 2012, as compared to Rs 362.46 crore for the same quarter in the previous year. Total income of the bank has increased by 5.93% to Rs 4668.81 crore for the quarter under review as compared to Rs 4407.39 crore for the quarter ended June 30, 2012.

UCO Bank Share Price

26.76 0.21 (0.79%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×