NE

News Elementor

NE

News Elementor

What's Hot

UCO Bank announces Financial Results for the Quarter/ Year Ended 31st March 2022

Table of Content

No headings found

Bhubaneswar:

Financial Performance:

  • Bank has made Net Profit of ₹ 18 Crore during the quarter ended March 2022 as against Net Profit of ₹ 80.02 Crore in the quarter ended March 2021 registering a growth of 290.11%.
  • Bank has made Net Profit of ₹ 76 Crore during the year ended March 2022 as against Net Profit of ₹ 167.03 Crore in the year ended March 2021 registering a growth of 456.63%.
  • Operating Profit of the Bank for the year ended March 2022 has increased to ₹ 43 Crore as against ₹ 4149.07 Crore for the year ended March 2021 registering a growth of 15.63%.
  • Net Interest Income of the Bank for the quarter ended March 2022 has increased to ₹ 38 Crore from ₹ 1412.61 Crore for the quarter ended March 2021 registering a growth of 16.97%.
  • Net Interest Income of the Bank for the year ended March 2022 has increased to ₹ 95 Crore from ₹ 5479.70 Crore for the year ended March 2021 registering a growth of 18.13%. This is highest Net Interest Income earned by the Bank.
  • Other Income of the Bank for the quarter ended March 2022 has stood at ₹ 95 Crore as against ₹ 719.15 Crore for the quarter ended December 2021.
  • Other Income of the Bank for the year ended March 2022 has stood at ₹ 81 Crore as against ₹ 3424.18 Crore for the year ended March 2021.
  • Total Business of the Bank has increased to ₹ 24 Crore as on 31.03.2022 from ₹ 324324.20 Crore as on 31.03.2021 registering a growth of 9.10%.
  • Total Deposits of the Bank has increased to ₹ 90 Crore as on 31.03.2022 from ₹ 205919.39 Crore as on 31.03.2021 registering a growth of 8.82%. 
  • CASA of the Bank (Domestic) stood at 40.26% as on 31.03.2022. 
  • Savings Deposits of the Bank has increased to ₹ 76 Crore as on 31.03.2022 from ₹ 70808.70 Crore as on 31.03.2022 registering a growth of 8.97%.
  • Total Advances of the Bank stands at ₹ 34 Crore as on 31.03.2022 as against ₹ 118404.81 Crore as on 31.03.2021 registering a growth of 9.60%.
  • Gross NPA of the Bank has reduced to ₹ 43 Crore (7.89%) as on 31.03.2022 from  ₹ 11351.97 Crore (9.59%) as on 31.03.2021. Gross NPA as on 31.12.2021 was at ₹ 10042.41 Crore (8.00%) as on 31.12.2021.
  • Net NPA of the Bank has reduced to ₹ 78 Crore (2.70%) as on 31.03.2022 from ₹ 4389.50 Crore (3.94%) as on 31.03.2021 and from ₹ 3333.59 Crore (2.81%) as on 31.12.2021.
  • Provision Coverage Ratio of the Bank has increased to 91.44% as on 31.03.2022 from 88.40% as on 31.03.2021 and from 91.30% as on 31.12.2021.
  • Capital Adequacy Ratio of the Bank stood at 13.74% and CET-I Ratio at 10.97% as on 31.03.2022 vis-à-vis Capital Adequacy Ratio at 13.74% and CET-I Ratio at 11.14% as on 31.03.2021.

-OdishaAge

newodishaage

defigosolutions@gmail.com https://odishaage.com

Recent News

Trending News

Editor's Picks

Rising Crimes Against Women in Odisha Raise Alarms Over Safety and Governance

Bhubaneswar, July 29:A steady and deeply troubling rise in crimes against women in Odisha has sparked growing concern among citizens, rights activists, and political observers. Reports from multiple districts suggest that incidents of gang rape, molestation, and acid attacks have increased significantly over the past 2–3 years, raising serious questions about the efficacy of state...

A Timeless Ritual, Now in a New Look: Aroma Magic Relaunches Its Signature Essential Oils – Pure, Trusted, and Now More Elegant Than Ever

New Delhi: Blossom Kochhar Aroma Magic, the premier aromatherapy company in India, proudly announces the relaunch of its iconic range of Essential Oils, now presented in an all-new, elegant avatar.  While the look has evolved, the soul of the product remains unchanged—100% pure, therapeutic-grade essential oils, crafted with love, care, and nature’s finest extractions. Fifteen oils are now...

OPPO India Launches Reno14 Series with 3.5x Telephoto Camera, Wireless Charging, India First Media Tek Dimensity 8450, and much more

 The Reno14 Series comes with dedicated lossless 3.5x Telephoto Zoom for enhanced portraits. ●              The Reno14 Series has an ultra-durable aerospace-grade body with up to IP66, IP68 and IP69 certifications ●              The Reno14 Pro is the first phone in the world powered by the 4nm Media Tek Dimensity 8450 chipset ●              OPPO Pad SE also debuts alongside Reno14...

NE

News Elementor

Lorem Ipsum is simply dummy text of the printing and typesetting industry.

Popular Categories

Must Read

©2024- All Right Reserved. Designed and Developed by  Blaze Themes