UCO Bank's total business grows 12% in Q3
UCO Bank reports strong annual growth for the quarter ending December 2024 with a 12.18% increase in total business, reaching Rs 4.88 lakh crore. Key drivers include a 16.20% rise in total advances and a 9.37% boost in deposits. The CASA ratio remains stable, while the CD ratio improves significantly to 74.55%.
UCO Bank reports strong annual growth for the quarter ending December 2024 with a 12.18% increase in total business, reaching Rs 4.88 lakh crore. Key drivers include a 16.20% rise in total advances and a 9.37% boost in deposits. The CASA ratio remains stable, while the CD ratio improves significantly to 74.55%.
