UCO Bank — Investor Meet, 03-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

UCO Bank’s total business crossed ₹5.3 lakh crore, up 14.1% YoY, with advances up 17.7% led by retail (+35%), vehicle loans (+59%), home loans (+18%), agriculture (+20%) and MSME (+18.5%). Net profit jumped 48% YoY to ₹2,445 Cr; NIM improved to 3.29%. Asset quality strengthened with gross NPA at 2.69% and net NPA at 0.50%. Digital initiatives include ₹6,100 Cr digital business and enhanced mobile app. Credit growth targeted at 12-14%, deposits at 10-12%, and GNPA <2.5%. Capital position remains strong with CRAR at 18.5%. Treasury focuses on balancing yield amid rate cuts; recovery pipeline robust at ₹2,500–2,700 Cr for FY26.