UCO Bank Share News - Latest Updates, Live News & More

Latest news about UCO Bank

UCO Bank Issues Strike Notice Alert for February 12, 2026 Operations 3 hrs ago Today

UCO Bank has notified exchanges about a potential strike on February 12, 2026, called by AIBEA, BEFI, and AIBOA unions in support of Central Trade Unions. While the bank is implementing contingency measures, it warns that branch and office operations may be affected if the strike proceeds as planned.

UCO Bank Announces Superannuation of General Manager Manish Kumar 10 days ago

UCO Bank Reports Strong Q3FY26 Performance with 16.74% Credit Growth and Improved Asset Quality Jan 28, 2026

UCO Bank Issues Strike Notice for January 27, 2026 by United Forum of Bank Unions Jan 25, 2026

UCO Bank Makes Q3 FY26 Post-Earnings Analyst Call Recording Available Online Jan 20, 2026

More news about UCO Bank

10Jan 26

UCO Bank Revises Benchmark Rates Effective January 11, 2026

UCO Bank has revised its benchmark rates effective January 11, 2026, following an ALCO committee review. The bank reduced MCLR rates by 5 basis points across all tenors, with overnight MCLR dropping to 7.90% and one-year MCLR to 8.75%. TBLR rates were also reduced by 5-10 basis points, while repo-linked rates, base rate, and BPLR remained unchanged. The 10-year G-Sec rate increased to 6.78%.

02Jan 26

UCO Bank Q3 Business Grows 13% YoY, Stock Surges 3.69% on Strong Performance

UCO Bank delivered robust Q3FY26 results with total business reaching ₹5.54 lakh crore, marking 13.29% year-over-year growth. The Kolkata-based public sector lender demonstrated strong lending momentum with advances growing 16.27% to ₹2.43 lakh crore, significantly outpacing deposit growth of 10.71%. Key performance indicators showed improvement with CASA ratio rising to 38.41% and Credit-Deposit ratio reaching 78.61%, reflecting enhanced operational efficiency and market positioning.

26Dec 25

UCO Bank Shareholder Director Rachna Khare Resigns Following Insurance Ombudsman Appointment

UCO Bank announced the resignation of Shareholder Director Ms. Rachna Khare, effective December 25, 2025, following her appointment as Insurance Ombudsman at Pune. The resignation, communicated to exchanges on December 26, 2025, includes withdrawal from all Board Committees and complies with SEBI LODR Regulations, with the director confirming no material reasons beyond her new regulatory appointment.

10Dec 25

UCO Bank Revises Benchmark Rates: MCLR Remains Unchanged, TBLR and Repo Rates Adjusted

UCO Bank has revised its benchmark rates effective December 11, 2025, following an ALCO committee review. While MCLR rates remain unchanged across all tenors, the bank has reduced its 3-month TBLR by 5 basis points to 5.40% and significantly lowered repo-linked rates by 25 basis points each. The UCO G-Sec rate for 1-year has been reduced to 5.59%, while Base Rate and BPLR remain unchanged.

24Oct 25

UCO Bank Reports 3% Net Profit Growth in Q2 FY26, Showcasing Improved Asset Quality

UCO Bank's Q2 FY26 results show a 3% YoY increase in net profit to ₹620.00 crores. Operating profit rose 12.64% to ₹1,613.00 crores. The bank saw improvements in asset quality with gross NPA decreasing by 62 bps to 2.56% and net NPA falling by 30 bps to 0.43%. Credit and deposit growth were 16.56% and 10.85% respectively. The RAM portfolio grew by 22.87%, now 65.23% of total advances. The bank is pursuing digital transformation with 27 digital journeys across product lines and plans to open 150 new branches by March. With a capital adequacy ratio of 17.89%, UCO Bank is positioned for future growth, including green financing opportunities.

22Oct 25

UCO Bank Unveils Expansion Plans, Reports 3% Profit Growth in Q2

UCO Bank plans to add 150 new branches by March, increasing its total to 3,472. Q2 net profit rose 3% to ₹620 crore, with total income up 4.9% to ₹7,421 crore. The bank improved asset quality, reducing gross NPAs to 2.56% from 3.18%. It aims to hire more skilled workers, particularly in IT and digital areas, with 70% of its 21,266 staff under 40 years old.

17Oct 25

UCO Bank Reports 2.8% Rise in Net Profit for Q2

UCO Bank's Q2 FY2025-26 results show growth across key areas. Net profit increased by 2.86% to ₹620.00 crore, while interest income rose 7.55% to ₹6,537.17 crore. Asset quality improved significantly, with gross NPA ratio decreasing to 2.56% from 3.18% year-over-year. The bank maintains a strong capital position with a CET-1 ratio of 15.61%. UCO Bank is also focusing on digital banking, now reporting it as a separate sub-segment under retail banking operations.

12Oct 25

UCO Bank Adjusts Benchmark Interest Rates: MCLR Decreases, TBLR Increases

UCO Bank has announced changes to its benchmark interest rates, effective October 10, 2025. MCLR rates have been reduced by 0.05% for overnight, one-month, and one-year tenors, while remaining unchanged for three and six-month tenors. TBLR rates have increased across all tenors, with the highest increase of 0.10% for the 6-month tenor. G-Sec linked rates have marginally decreased. Repo Linked Rates, Base Rate, and BPLR remain unchanged. These adjustments may impact borrowers differently depending on their loan type.

04Oct 25

UCO Bank Reports Robust 13.29% Growth in Total Business, Reaching ₹5.37 Lakh Crore

UCO Bank's Q2 FY2026 results show significant growth. Total business reached ₹5.37 lakh crore, up 13.29% year-on-year. Total advances grew 16.67% to ₹2.31 lakh crore, with domestic advances up 17.24%. Deposits increased 10.87% to ₹3.06 lakh crore. Net Interest Income rose 7% to ₹2,403 crore. Asset quality improved with Gross NPA ratio at 2.63% and Net NPA at 0.45%. Despite positive results, shares closed down 0.52% at ₹30.78 on BSE.

16Sept 25

UCO Bank's Executive Director Rajendra Kumar Saboo Secures Three-Year Tenure Extension

The Central Government has extended Rajendra Kumar Saboo's tenure as Executive Director of UCO Bank for an additional three years beyond November 20, 2025, or until further orders. The extension was granted under the Banking Companies Act, 1970, and officially communicated to stock exchanges on September 16, 2025. This move ensures continuity in UCO Bank's top management and signifies confidence in Saboo's leadership.

15Sept 25

UCO Bank to Facilitate Trade Payments for Sanctioned Nayara Energy

UCO Bank, a state-owned lender, has received government approval to manage trade payments for Nayara Energy, addressing challenges faced by the refiner since EU sanctions in July. This decision follows Nayara's appeal for assistance in securing a domestic lender with limited offshore presence. Nayara Energy, part-owned by Russian oil major Rosneft, accounts for 8% of India's refining capacity and 7% of its retail-fuel network. While the government has approved UCO Bank's involvement, operational details such as transaction currency and payment mechanisms are still being finalized.

09Sept 25

UCO Bank Adjusts Benchmark Interest Rates, Lowers MCLR by 5-10 Basis Points

UCO Bank has announced changes to its benchmark interest rates effective September 10, 2025. The bank has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) across all tenors by 5 to 10 basis points. The one-year MCLR has been lowered from 8.95% to 8.90%. Treasury Bill Linked Rates (TBLR) have seen mixed changes, with the 3-month TBLR increasing from 5.35% to 5.45%, while 6-month and 12-month TBLRs remain unchanged. G-Sec linked rates have also been adjusted, with the UCO G-Sec Rate (1 year) increasing from 5.64% to 5.67%. Several other benchmark rates, including the Repo Linked Rate and Base Rate, remain unaltered.

07Aug 25

UCO Bank Revises MCLR and Other Benchmark Interest Rates Effective August 10, 2025

UCO Bank has announced changes to its benchmark interest rates, effective August 10, 2025. The Marginal Cost of Funds Based Lending Rate (MCLR) has been revised across all tenors, with the one-year MCLR set at 8.95%. Other benchmark rates such as TBLR and G-Sec rates have also been adjusted. The Repo Linked Rate – UCO Float (8.30%), Repo Linked Rate – UCO Prime (5.50%), Base Rate (9.60%), and Benchmark Prime Lending Rate (14.25%) remain unchanged. These changes are likely to impact borrowers and depositors.

21Jul 25

UCO Bank's Q1 Net Profit Surges 10.7% to ₹610 Crore, Asset Quality Improves

UCO Bank posted a net profit of ₹665.70 crore in Q1 FY2025, up 23.76% year-over-year. Revenue increased by 16.50% to ₹8,136.80 crore. The bank's asset quality improved with gross NPA ratio declining to 2.63% and net NPA ratio decreasing to 0.45%. Provisions for non-performing assets increased to ₹460.00 crore. The bank's EPS rose to ₹0.56, marking a 24.44% increase.

03Jul 25

UCO Bank Reports Robust Growth in Q1 Business, Advances, and Deposits

UCO Bank's total business grew to ₹5.24 lakh crore, a 13.67% year-over-year increase. Total advances rose by 16.58% to ₹2.25 lakh crore, while total deposits increased by 11.57% to ₹2.99 lakh crore. This balanced growth strategy, with advances outpacing deposits, suggests potential for improved net interest margins and profitability.

03Jul 25

UCO Bank's Q1 Performance: Total Business Surges 14% to ₹5.24 Lakh Crore

UCO Bank has announced strong Q1 performance with total business growing 13.70% YoY to ₹5.24 lakh crore. Total advances increased by 16.60% to ₹2.25 lakh crore, while total deposits rose 11.60% to ₹2.99 lakh crore. Notably, domestic advances showed exceptional growth at 19.80% YoY. This performance indicates robust credit demand and customer trust in the bank.

23Jun 25

UCO Bank Sees Massive Block Trade: 26.14 Million Shares Change Hands

UCO Bank experienced a significant block trade on the National Stock Exchange (NSE). The transaction involved 26,138,260 shares at Rs. 29.39 per share, totaling Rs. 76.82 crores. This large-scale trade could potentially impact the stock's price and trading volume in the short term.

19May 25

Former UCO Bank CMD Arrested in ₹6,210 Crore Money Laundering Case

Subodh Kumar Goel, former Chairman and Managing Director of UCO Bank, has been arrested by the Enforcement Directorate in connection with an alleged ₹6,210.72 crore money laundering case. Goel is accused of facilitating illegal loans to Concast Steel & Power Ltd and receiving kickbacks. He has been remanded to ED custody until May 21, 2025. The case raises concerns about oversight and governance in public sector banks.

29Apr 25

UCO Bank Reports Strong Q4 FY23 Performance with 24% Profit Growth

UCO Bank's Q4 FY23 results show significant growth with net profit up 24% to ₹6.52 billion. Interest income rose 15% to ₹67.45 billion. Asset quality improved with GNPA ratio at 2.69% and NNPA at 0.50%. The bank exceeded guidance with 11.56% deposit growth and 17.72% credit growth.

28Apr 25

UCO Bank Plans Massive Equity Issuance to Reduce Government Stake

UCO Bank has announced plans to issue up to 270 crore fresh equity shares in FY 2025-26, aiming to reduce the government's stake to 75%. This follows a recent QIP that raised Rs. 2,000 crore and reduced government shareholding to 90.95%. The new issuance, with a face value of Rs. 10 per share, could potentially be valued at Rs. 8,000 crore. The bank reported strong financial results for FY 2024-25, with a 47.80% increase in net profit to Rs. 2,445 crore and improved asset quality. A dividend of Rs. 0.39 per share has been recommended.

28Apr 25

UCO Bank Reports 24% Surge in Q4 Profit, Exceeds Growth Guidance for Deposits and Credit

UCO Bank's Q4 FY2024-25 results show a 24% year-on-year increase in net profit to ₹652.00 crore. The bank surpassed its growth projections with deposits growing by 11.56% and credit expanding by 17.72%. Asset quality improved significantly, with GNPA ratio declining to 2.69% and NNPA ratio reducing to 0.50%. The bank announced a dividend of ₹0.39 per equity share and maintained a strong capital adequacy ratio of 18.49%. Robust growth was reported across retail, agriculture, and MSME sectors.

09Apr 25

UCO Bank Revises MCLR and Other Benchmark Rates, Announces Management Changes

UCO Bank has updated its lending rates effective April 10, 2025, with the one-year MCLR set at 9.10%. The bank also appointed Mr. Satya Ranjan Panda as the new Zonal Head of the Guwahati Zone. Additionally, the Government of India announced the amalgamation of Regional Rural Banks in West Bengal, with Paschim Banga Gramin Bank, currently sponsored by UCO Bank, to be merged into the new West Bengal Gramin Bank under Punjab National Bank's sponsorship from May 1, 2025.

04Apr 25

UCO Bank Reports Robust 14% Business Growth in Q4 FY2025

UCO Bank announced impressive Q4 FY2025 results, with total business growing 14% YoY to Rs 5.13 lakh crore. Domestic advances surged 20.37% YoY to Rs 1.95 lakh crore, while total advances increased 17.65% YoY to Rs 2.20 lakh crore. Total deposits grew 11.41% YoY to Rs 2.93 lakh crore, with domestic deposits up 10.40% YoY. The bank's CASA ratio stood at 37.90% for domestic operations, and the credit-deposit ratio improved to 75.01%. Quarter-on-quarter growth was also strong across key parameters.

28Mar 25

UCO Bank Raises ₹2,000 Crore Through QIP, Sets Share Price at ₹34.27

UCO Bank, a public sector lender, has completed its Qualified Institutional Placement (QIP), raising ₹2,000 crore. The bank allotted 583,600,803 equity shares at ₹34.27 per share, a 4.99% discount to the floor price. This increased the bank's paid-up equity share capital from ₹11,955.96 crore to ₹12,539.56 crore. Key investors included Life Insurance Corporation of India, National Pension System Trust, ICICI Prudential Life Insurance, and SBI Life Insurance. The QIP, which ran from March 24-27, 2025, aims to strengthen the bank's capital base and support growth initiatives.

27Mar 25

UCO Bank Closes QIP Issue at ₹34.27 Per Share, Raising Fresh Capital

UCO Bank, a public sector lender, has concluded its Qualified Institutional Placement (QIP) issue on March 27, 2025. The bank's Capital Raising Committee approved an issue price of ₹34.27 per equity share, which includes a premium of ₹24.27 over the face value of ₹10. This price represents a 4.99% discount to the floor price of ₹36.07 per share. The QIP aims to strengthen the bank's capital base, potentially enabling expansion of lending activities and meeting regulatory requirements.

25Mar 25

UCO Bank Launches QIP with Floor Price of ₹36.07 per Share

UCO Bank has initiated a Qualified Institutional Placement (QIP) to raise capital. The bank's Capital Raising Committee set the floor price at ₹36.07 per share, with a potential discount of up to 5%. The QIP opened on March 24, 2025, following board approval in April 2024 and shareholder approval in June 2024. The bank has complied with regulatory requirements, including setting the 'Relevant Date' and filing the preliminary placement document with stock exchanges.

24Mar 25

UCO Bank Launches ₹2,000 Crore Qualified Institutional Placement at Attractive Discount

UCO Bank, a public sector bank in India, has initiated a Qualified Institutional Placement (QIP) to raise ₹2,000 crore. The shares are priced at ₹34.27 each, offering a 9.19% discount to the closing price on March 21 and a 5% discount to the QIP floor price. This capital-raising effort aims to strengthen the bank's financial position and support future growth. The attractive pricing is expected to generate strong interest among qualified institutional buyers.

21Mar 25

UCO Bank Launches ₹2,000 Crore QIP at Discounted Price of ₹34.27 per Share

UCO Bank has initiated a Qualified Institutional Placement (QIP) to raise ₹2,000 crore, setting the issue price at ₹34.27 per share. This price represents a 9.19% discount to the market price and a 5% discount to the SEBI floor price of ₹36.07. The bank has been actively engaging with potential investors, including major institutions like ICICI Prudential Life, LIC, and Kotak MF, through non-deal roadshows from December 2024 to March 2025. The capital raise aims to strengthen UCO Bank's financial position, potentially supporting lending expansion and regulatory compliance.

27Feb 25

UCO Bank's ₹2,000 Crore QIP Likely Pushed to Next Fiscal Year

UCO Bank's planned ₹2,000 crore Qualified Institutional Placement (QIP) is facing delays and is unlikely to materialize in the current fiscal year. The bank has postponed its foreign roadshows from February to March or later. The QIP aims to reduce the government's stake by about 3% to comply with SEBI's public shareholding norms. This delay could impact regulatory compliance, capital adequacy, and market perception of the bank.