UCO Bank total business rises 15.46% to ₹6.05 lakh crore in Q1FY27

uco bank reported a total business volume of ₹6.05 lakh crore for the period ended June 30, 2026, reflecting a year-on-year growth of 15.46%. The bank's total advances stood at ₹2.73 lakh crore, marking a significant increase of 21.33% compared to the corresponding period in the previous year. Total deposits reached ₹3.32 lakh crore, growing by 11.04% year-on-year.

The disclosure was submitted in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The data for the current period is provisional and subject to review by the Statutory Central Auditors of the bank.

Business Performance Breakdown

The bank's domestic operations showed robust performance during the quarter. Domestic advances rose to ₹2.45 lakh crore, recording a year-on-year growth of 22.50%. Domestic deposits increased to ₹3.14 lakh crore, up 12.14% from the previous year.

Key Financial Metrics

Parameters	30.06.2025 (Reviewed)	31.03.2026 (Audited)	30.06.2026 (Provisional)*	Y-o-Y Growth (%)
Total Business	5.24	5.90	6.05	15.46%
Total Advances	2.25	2.63	2.73	21.33%
Total Deposit	2.99	3.27	3.32	11.04%
Domestic Advances	2.00	2.34	2.45	22.50%
Domestic Deposit	2.80	3.05	3.14	12.14%
CD Ratio (%)	75.38	80.21	82.15

*Subject to review by Statutory Central Auditors of the Bank

The Credit-Deposit (CD) Ratio improved to 82.15% as of June 30, 2026, compared to 75.38% in the prior year. The filing was signed by Vikash Gupta, Company Secretary of UCO Bank.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.00%	+0.15%	+9.08%	-8.06%	-17.55%	+79.21%

UCO Bank has assigned the additional charge of Managing Director & Chief Executive Officer to Shri Rajendra Kumar Saboo, Executive Director, effective immediately. This follows the vacancy in the position arising from June 1, 2026, after the completion of the term of Shri Ashwani Kumar on May 31, 2026. The appointment was conveyed by the Department of Financial Services, Ministry of Finance, Government of India, via a letter dated June 19, 2026.

Shri Rajendra Kumar Saboo will hold the additional charge until August 31, 2026, or until the appointment of a regular incumbent, or until further orders, whichever is earlier. The bank disclosed this information in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Profile of Shri Rajendra Kumar Saboo

Shri Rajendra Kumar Saboo assumed the charge as Executive Director of uco bank on November 21, 2022. He began his career as a Probationary Officer in the erstwhile Oriental Bank of Commerce in 1994 and has extensive experience in field and administrative roles. He has served as Branch Head, Regional Head, and Cluster Head at various locations.

Before joining UCO Bank, Shri Saboo was the Chief General Manager in Punjab National Bank, heading Strategic Management, Economic Advisory, MIS, and Data Analytics. He is a Post Graduate in Commerce, holds an MBA in Banking and Finance, and is a Certified Associate of Indian Institute of Bankers (CAIIB).

Appointment Details

The following table outlines the key details of the appointment:

Sr No	Particulars	Details
1	Name of the Director	Shri Rajendra Kumar Saboo
2	Reason for change	Assignment of additional charge of the post of Managing Director & Chief Executive Officer of UCO Bank to Shri Rajendra Kumar Saboo, Executive Director, UCO Bank.
3	Date of appointment	19.06.2026
4	Term of appointment	Till 31.08.2026 or until appointment of a regular incumbent to the post or until further orders, whichever is earlier.
5	Relationship with Directors	Shri Rajendra Kumar Saboo is not related to any of the Directors of the Bank.

The bank confirmed that Shri Rajendra Kumar Saboo is not debarred from holding the office of Director by any SEBI order or other regulatory or statutory authority.