**UCO Bank’s Q2 Update: Total Business Surges 13% to ₹5.37 Lakh Crore**
*By Dwaipayan Roy | October 4, 2025, 6:47 PM*
State-owned UCO Bank has reported a strong financial performance for the quarter ended September 30, 2025. The bank’s total business reached ₹5.37 lakh crore, reflecting a year-on-year (YoY) growth of 13.29% and a quarter-on-quarter (QoQ) increase of 2.48%. This notable growth was driven by significant gains in both advances and deposits during the period.
**Financial Highlights**
**Robust Growth in Domestic Advances and Deposits**
UCO Bank’s total advances for the quarter rose by 16.67% YoY to ₹2.31 lakh crore. Domestic advances saw an even larger increase of 17.24% YoY, reaching ₹2.04 lakh crore. On the deposits front, the bank recorded a healthy growth of 10.87% YoY to ₹3.06 lakh crore, with domestic deposits increasing by 9.85% YoY to ₹2.90 lakh crore.
**Key Ratio Performance**
As of September 30, 2025, UCO Bank’s domestic CASA (Current Account Savings Account) ratio stood at 38.11%, a slight dip from 38.24% a year ago. Meanwhile, the credit-to-deposit (CD) ratio improved to 75.56%, up from 71.77% last year. These figures indicate efficient utilization of deposits for lending activities, alongside maintaining a healthy balance between current and savings account deposits.
**Income Details and Asset Quality**
The bank’s Net Interest Income (NII) rose by 7% YoY to ₹2,403 crore for the quarter. UCO Bank’s asset quality remained stable with a Gross Non-Performing Assets (NPA) ratio of 2.63%, marginally down from 2.69% in the previous quarter. The Net NPA ratio also improved to 0.45% from 0.50% recorded in the March quarter.
Overall, UCO Bank has demonstrated effective risk management and maintained a healthy balance between its assets and liabilities during the quarter under review, underpinning its strong business growth.
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