UCO Bank Q1 Results: Net profit jumps 80% YoY to Rs 223 crore
UCO Bank, the Kolkata-based state-owned lender, has reported an 80% YoY jump in Q1 net profit to Rs 223 crore ($30m). The positive result was largely due to a decline in bad loans. In Q1 2022, the bank’s total income increased to Rs 5,857 crore from Rs 3,797 crore.
