UCO Bank reported improved Q2 asset quality, with GNPA declining to 2.0% from 2.1% QoQ.
Q2 Net NPA improved to 0.2% compared to 0.3% quarter-on-quarter.
UCO Bank reported Q2 standalone net profit of ₹7.9B, up from ₹6.2B year-on-year.
The earnings reflect a strong year-on-year financial performance for the bank.