UCO Bank Q1 Profit Up 8%, NII 17%

UCO Bank posted an 8% year-on-year increase in quarterly net profit to about ₹656 crore, driven by a 17% rise in net interest income and lower provisions. The bank also saw asset-quality improvements, with gross NPA at 2.08% and net NPA at 0.25%, alongside a notable decline in provisions for the quarter.