UCO Bank Q1 FY27 provisional business update, advances up 21%

UCO Bank reported strong provisional Q1 FY27 figures with Total Business rising 15.46 percent year on year to about Rs 6.05 lakh crore. Total Advances grew 21.33 percent to Rs 2.73 lakh crore, while Total Deposits increased 11.04 percent to Rs 3.32 lakh crore. Domestic Advances were up 22.50 percent and Domestic Deposits rose 12.14 percent. The Credit to Deposit ratio improved to 82.15 percent from 75.38 percent a year earlier. Figures are provisional and subject to statutory audit review.