UCO Bank Q2 net down to Rs 401.67 cr ...Middle East

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UCO Bank Q2 net down to Rs 401.67 cr
Chennai:  Public sector mortgage lender UCO Bank on Friday said it closed the second quarter of FY24 with a Rs 102.85 crore lower net profit as compared to previous year corresponding period. In a regulatory filing, UCO Bank said for the quarter ended September 30 it had booked a total income of Rs 5,865.61 crore (Q2FY23 Rs 4,964.84 crore) and a net profit of about Rs 401.67 crore (Rs 504.52 crore). According to UCO Bank, its interest income stood at Rs 5,218.82 crore for the quarter ended September 30 this year as against Rs 4,184.89 crore for the quarter ended September 30, 2022. The other income stood at Rs 646.78 crore for the year ended September 30, 2023 as against Rs 779.94 crore for

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