UCO Bank reports 50% surge in Q2 FY 2024-25 profits, boosted by retail and MSME growth

UCO Bank reports 50% surge in Q2 FY 2024-25 profits, boosted by retail and MSME growth

UCO Bank has announced its financial results for the second quarter of FY 2024-25, revealing a substantial increase in its profitability. The state-owned lender posted a net profit of ₹603 crore for the quarter ending 30 September 2024, marking a 50% year-on-year growth from ₹402 crore reported in the same period last year. The operating […]