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Press Release
UCO Bank announces Financial Results for the Quarter and FY ended 31st Mar'2016
HIGHLIGHTS OF PERFORMANCE
Total business stood at Rs. 3,42,626 cr as at the end of Mar'16.
Global Deposits stood at Rs. 2,07,118 cr. as at the end of Mar'16.
Global Advances of the Bank stood at Rs. 1,35,508 cr. as at the end of Mar'16.
As on 31.03.2016, Retail loan portfolio registered a sharp growth of 11.30% YoY to reach
Rs. 20,834Cr. on the back of 17.89 % growth in Home loan.Priority sector advances increased by 5.01% YoY to reach Rs.55948 Cr. as on 31.03.2016 from Rs. 53278 Cr. a year ago.
Agriculture credit stood at Rs.19593 Cr. as on 31.03.2016.
Loan to MSE Sector as on 31.03.2016 grew 1.52% YoY from Rs.25545 Cr. to Rs.25935 Cr.
- Total income in the 4th qtr. of FY15-16 was Rs. 4745.48 Cr
- During the 4th Qtr of FY15-16, Operating Profit was Rs. 567.66 Cr. while for entire FY 15-16
the figure was Rs. 3603.39 Cr.
- For the 4th Qtr of FY15-16 there was Net Loss of Rs. 1715.16 Cr. while for the entire fiscal 15-16 there was Net Loss of Rs. 2799.25 Cr. on account of higher provisioning
- Total provision & contingencies in the 4th qtr. of FY15-16 was Rs. 2283 Cr as against Rs.1018 Cr. a year ago.
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Provision Coverage Ratio increased to 53.87% in the 4th qtr. of FY15-16 from 52.65% a year ago.
Head Office : 10 BTM Sarani, Kolkata 700 001
Phone 033 4455- 7300/ 7500 /7700 Fax No. 033 2225 3986, 033 4455 7318
e-Mail: hocc.calcutta@ucobank.co.in web: www.ucobank.com
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In Q4 FY'16, Total Interest Income stood at Rs. 4357.68 Cr.
As on 31.03.2016, GNPA ratio stood at 15.43% against 10.98 % as on 31.12.2015 while NNPA
ratio stood at 9.09% against 6.51 % as on 31.12.2015.
The CRAR as on 31.03.2016 stood at 9.63% as per Basel III.
New Delhi, 13-May -2016
Head Office : 10 BTM Sarani, Kolkata 700 001
Phone 033 4455- 7300/ 7500 /7700 Fax No. 033 2225 3986, 033 4455 7318
e-Mail: hocc.calcutta@ucobank.co.in web: www.ucobank.com
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UCO Bank Limited published this content on 13 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 May 2016 10:53:06 UTC.
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