UCO Bank Q2 Update: Total business up 13% at ₹5.37 lakh crore; advances rise 17%

State-run UCO Bank Ltd on Saturday (October 4) reported a total business of ₹5.37 lakh crore for the quarter ended September 30, 2025, reflecting a 13.29% year-on-year (YoY) growth and a 2.48% quarter-on-quarter (QoQ) increase.

Total advances rose 16.67% YoY to ₹2.31 lakh crore, with domestic advances increasing 17.24% YoY to ₹2.04 lakh crore. Total deposits reached ₹3.06 lakh crore, up 10.87% YoY and 2.34% QoQ, while domestic deposits grew 9.85% YoY to ₹2.90 lakh crore.

The domestic CASA ratio improved to 38.11% as of September 30, 2025, compared to 38.24% a year earlier. The credit-to-deposit (CD) ratio stood at 75.56%, up from 71.77% in September 2024, indicating stronger utilisation of deposits for lending.

Also Read: UCO Bank sees loan momentum holding up, plans fresh capital raise soon

First Quarter Results

The lender's Net Interest Income (NII) or core income for the quarter rose by 7% from last year to ₹2,403 crore. Gross NPA for the quarter stood at 2.63%, compared to 2.69% in the March quarter. Net NPA for the quarter stood at 0.45% from 0.50% in the March quarter.

Provisions for the June quarter decreased on a sequential basis. Provisions at the end of the quarter stood at ₹616 crore, from ₹663 crore in March.

On Friday (October 3), shares of UCO Bank Ltd ended at ₹30.78, down by ₹0.16, or 0.52%, on the BSE.

Also Read: UCO Bank's total business surged 14% to ₹5.24 lakh crore in Q1