UCO Bank Growth Update Lifts Sentiment; Shares Rise 0.96%

Mumbai, April 6: UCO Bank on Monday reported total business of ₹5.89 lakh crore as of March 31, 2026, up from ₹5.14 lakh crore a year ago. That translates into a 14.59% annual increase.

Loans rose to ₹2.62 lakh crore, marking a 19.09% year-on-year increase. That is where the momentum sits. Deposits, at ₹3.27 lakh crore, grew 11.22%, according to its exchange filing.

Advances climbed 20% year-on-year, while deposits grew just over 10%. It is a familiar banking trend. Credit demand is picking up faster than deposit mobilisation.

Stock Market Snapshot

UCO Bank share price rose 0.96% to ₹24.13 as of 11:56 IST on April 6, 2026, compared with the previous close of ₹23.90, according to exchange data.

Instead, the stock moved gradually through the session, touching ₹24.29 before settling slightly lower.

The UCO Bank share price seems to be mirroring the update itself.

Margins Of Change Visible In Key Ratios

The CASA ratio edged up to 38.48%. It is not a dramatic move, but it signals some stability in low-cost deposits, something banks continue to guard closely.

More noticeable is the credit-deposit ratio, which moved up to 80.12% from 74.94% a year ago.

The bank is deploying more of its deposits into loans.

Company Background

UCO Bank, a public sector lender, operates across retail, corporate and MSME segments, with a long-standing presence in India’s banking system.

In recent years, the focus has been on steady clean-up and gradual growth rather than aggressive expansion.

Conclusion

UCO Bank is not trying to reinvent its trajectory overnight. It is building scale step by step, with credit growth leading and deposits following.

For investors, that creates a certain kind of visibility.

Source: 

• https://www.nseindia.com/get-quote/equity/UCOBANK/UCO-Bank
• https://nsearchives.nseindia.com/corporate/UCOBANK_06042026103609_NSEBSEPROV06042026.pdf