💨 Abstract

State-owned UCO Bank reported a 27% increase in net profit for Q3 2024 at Rs 639 crore, boosted by both interest and non-interest income. Operating profit rose to Rs 1,586 crore, with total income at Rs 7,406 crore. Interest income, Net Interest Income (NII), and Net Interest Margin (NIM) all saw significant growth.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖

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