Uco Bank Q4 profit jumps 23% on lower provisions; margins dip
By TodayTelugu Desk1 min read2 views
State-owned Uco Bank reported a 23% rise in Q4 net profit to Rs 801 crore, aided by lower provisions, though operating profit declined due to weaker core and non-interest income. Net interest margin slipped to 3%, even as advances grew 19.4% and deposits rose 11.6%.
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