Home Economy UCO Bank’s second quarter net at Rs.207.7 crore

UCO Bank’s second quarter net at Rs.207.7 crore

By IANS,

Kolkata: State-owned UCO Bank has posted a net profit of Rs.207.72 crore for the second quarter of the current fiscal, it said Thursday.

“The bank has posted a net profit of Rs.2,077.20 million (Rs.207.72 crore) for the quarter ended September 30, 2009 as compared to Rs.1,500.90 million for the quarter ended September 30, 2008,” the bank said in a regulatory statement.

“Total income has increased from Rs.21,879.80 million for the quarter ended September 30, 2008 to Rs.26,098.20 million for the quarter ended September 30, 2009,” it added.