UCO Bank reported the highest-ever net profit of Rs 1,862.34 crore for the Q4, a 100.3% YoY rise. Its NII in Q4 came in at Rs 3,743.13 crore, up 13.44% YoY and its global business touched Rs 4,10,967.19 crore. Net NPA decreased by 141 basis points to Rs 2,018 crore, while the loan book in Q4 stood at Rs 1,61,629 crore, up 24.54% YoY. Punjab & Sind Bank’s net profit grew 32.08% YoY to Rs 457 crore in Q4 while Newgen Software Technologies’ net profit increased by 37% YoY to Rs 78.6 crore in the same period.
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