Kolkata, July 21 -- UCO Bank reported a 10.16% year-on-year (YoY) rise in net profit to Rs.607 crore for the April-June quarter of FY26, driven by strong traction in its retail, agriculture, and MSME (RAM) loan book and a notable improvement in asset quality.

The public sector lender's operating profit rose 18.24% YoY to Rs.1,562 crore in Q1FY26.

The RAM portfolio expanded by 23.47% to Rs.1.26 lakh crore, with retail advances rising sharply by 30.73%, supported by growth in home and vehicle loans-up 17.92% and a striking 66.94% YoY, respectively.

The bank's credit-deposit ratio stood at 75.38%, and business per employee rose to Rs.24.64 crore from Rs.21.65 crore a year ago.

UCO Bank's asset quality continued to strengthen.

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