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Public sector bank UCO Bank Limited in its business update on Friday reported strong performance in the third quarter of FY 2025. The bank has said that total advances have seen a growth of 16.2 per cent year-on-year and 5.05 per cent quarter-on-quarter to reach Rs 2.08 lakh crore. The bank's total deposits have grown by 9.37 per cent year-on-year and 1.45 per cent quarter-on-quarter to reach Rs 2.80 lakh crore as of December 31, 2024.
 

The bank said that it got support from the steady increase in domestic deposits, which grew by 7.29 percent year-on-year and 0.38 percent quarter-on-quarter to reach Rs 2.65 lakh crore. The total business of the bank grew by 12.18 percent year-on-year and 2.95 percent quarter-on-quarter to reach Rs 4.88 lakh crore. CASA ratio stood at 37.96 percent as against 37.61 percent during the same period last year.

Share performance On Friday, UCO Bank's share closed at Rs 44.99 with a gain of 2.06 percent. In the last one year, the bank's share has seen a growth of 9.60 percent.

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