UCO Bank will hold a meeting of the Board of Directors of the Company on 29 April 2024.Powered by Capital Market - Live News

UCO Bank has reviewed the Benchmark rates and decided for revision in TBLR(3-month), as detailed hereunder:MCLR Tenor RateOvernight - 8.10%One month - 8.30%Three month - 8.45%Six month - 8.70%One year - 8.85%Other Benchmark RatesBenchmark RateTBLR (3 month) w.e.f. 10 April 2024 - 6.90%TBLR (6 month) - 7.10%TBLR (12 month) - 7.10%Repo Linked Rate - UCO Float - 9.30%Base Rate - 9.60%BPLR - 14.25%The revised TBLR(3-month) is effective from 10 April 2024. Other Benchmark rates viz. MCLR, TBLR (6/12-month), Repo Linked rate, Base Rate, and BPLR remain unchanged.Powered by Capital Market - Live News

UCO Bank announced the appointment of Aravamudan Krishna Kumar (DOB: 18.11.1954) as part-time Non Official Director as well as Non-Executive Chairman, on the Board of UCO Bank, for a term of three years, from the date of notification, or until further orders, whichever is earlier. Powered by Capital Market - Live News

Net profit of UCO Bank declined 22.75% to Rs 505.23 crore in the quarter ended December 2023 as against Rs 654.05 crore during the previous quarter ended December 2022. Total Operating Income rose 19.99% to Rs 5551.89 crore in the quarter ended December 2023 as against Rs 4627.15 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Total Operating Income5551.894627.15 20 OPM %62.6862.10 - PBDT776.891021.49 -24 PBT776.891021.49 -24 NP505.23654.05 -23 Powered by Capital Market - Live News

UCO Bank will hold a meeting of the Board of Directors of the Company on 24 January 2024.Powered by Capital Market - Live News