UCO Bank

UCO Bank Business Update

UCO Bank revised its benchmark rates including TBLR and G-Sec linked rates effective May 10, 2026. MCLR and Base rates remain unchanged after the committee review.

UCO Bank Legal & Regulatory

UCO Bank received an appellate order substantially allowing its appeal against a GST demand. The demand was reduced from ₹1,473.48 Crore to ₹4.86 Crore, plus interest and penalties. This reduction is a significant positive regulatory outcome for the bank regarding its historical tax liabilities.

Value

₹4.86 Cr

UCO Bank Earnings Call: Key Takeaways

UCO Bank delivered strong Q4 FY26 results with a 22% YoY net profit growth to ₹801 crore and improved asset quality (Net NPA at 0.27%). Strategy focuses on RAM segment growth and digital transformation.

UCO Bank Dividend

UCO Bank has recommended a dividend of ₹0.44 per equity share (4.40% of face value) for FY 2025-26. The Bank fixed Monday, May 4, 2026, as the Record Date to determine shareholder entitlement. The payment is subject to shareholder approval at the upcoming Annual General Meeting.

UCO Bank Results Update

UCO Bank reported a 22.66% YoY growth in net profit to ₹801 Crore for Q4 FY2025-26. Total business grew 14.95% to ₹5,90,314 Crore, while asset quality improved with Net NPA falling to 0.27%. The Board proposed a dividend of 44 paise per equity share (4.40%) for the fiscal year.

Value

₹801.0 Cr

UCO Bank Financial Results

UCO Bank reported audited financial results for FY26 and approved a major capital raising plan of ₹2,700 Crore via equity issuance. The board also recommended a dividend of ₹0.44 per share and approved raising up to ₹5,000 Crore through Basel III and infrastructure bonds during FY 2026-27.

Value

₹2,700 Cr

Execution

FY 2026-27

UCO Bank Management Change

UCO Bank has appointed Mr. Neeraj Daporkar as its new Chief Compliance Officer, effective April 24, 2026. He succeeds Mr. Ravi Shankar Narayan, who has been assigned a new internal role. Mr. Daporkar brings over 19 years of extensive experience in the banking sector to the role.

Execution

Effective from 24.04.2026

UCO Bank Board Meeting Outcome

UCO Bank has scheduled a Board Meeting for April 25, 2026. The board will consider audited standalone quarterly financial results for the period ended March 2026, a final dividend declaration, and potential fund-raising activities. The bank's trading window remains closed until April 27, 2026.

UCO Bank Board Meeting Outcome

UCO Bank will hold a board meeting on April 25, 2026, to consider audited quarterly and annual standalone financial results. The board will also discuss a final dividend for FY2025-26 and a potential fund raise. Trading window closure began on April 1, 2026.

UCO Bank Board Meeting Outcome

UCO Bank has scheduled a Board Meeting on April 25, 2026, to consider audited financial results for FY2026, a dividend proposal, and a capital raising plan. The trading window for insiders remained closed from April 1, 2026, and will remain so until 48 hours after the results declaration.

UCO Bank Debt & Borrowing: ₹2,000 Cr

UCO Bank submitted its half-yearly statement of listed debt securities for the period ended March 31, 2026. The statement details five outstanding bond issuances totaling ₹2,000 Crore, with coupon rates ranging from 8.51% to 9.71%. The filing ensures compliance with SEBI's reporting framework for listed debt instruments.

Value

₹2,000 Cr

UCO Bank Management Change

UCO Bank has appointed Mr. Rajeev Gupta as Chief Risk Officer, effective April 14, 2026. He succeeds Mr. Shashi Kant Kumar, who transitions to the role of Zonal Head, Mumbai. Mr. Gupta brings over 29 years of banking experience, including significant expertise in risk management and corporate banking.

UCO Bank Management Change

UCO Bank has appointed Mr. Rajeev Gupta as Chief Risk Officer, effective April 14, 2026, following the cessation of Mr. Shashi Kant Kumar. Mr. Gupta brings over 29 years of banking experience, including expertise in risk management and overseas operations, to the role.

UCO Bank Management Change

UCO Bank announced the cessation of Non-Executive Independent Directors Ravi Kumar Agrawal and Anjan Talukdar. Both departures are effective April 11, 2026, following the completion of their three-year tenures. These changes are part of the bank's routine board rotation and regulatory compliance.

UCO Bank Management Change

UCO Bank announced that Shri Ravi Kumar Agrawal and Shri Anjan Talukdar ceased to be Part-time Non-Official Directors. Their departure follows the completion of their one-year tenure on April 10, 2026, as per SEBI listing regulations.

UCO Bank Business Update

UCO Bank updated its benchmark rates effective April 10, 2026. While MCLR rates remain unchanged, the 3-month TBLR and 10-year G-Sec linked rates were revised to 5.35% and 7.24% respectively. Repo Linked, Base, and BPLR rates remain at their previous levels.

UCO Bank Management Change

UCO Bank has promoted Saroj Ranjan Nayak, Prem Shankar Jha, and Avinash Shukla from General Manager to Chief General Manager, effective April 1, 2026. The appointees bring extensive banking experience ranging from 17 to 22 years, strengthening the bank's senior leadership team.

UCO Bank Other Announcement

UCO Bank submitted the RTA confirmation certificate for the quarter ended March 31, 2026. Issued by KFin Technologies, the certificate complies with Regulation 74(5) of SEBI regulations regarding the dematerialization and rematerialization of securities.

UCO Bank Other Announcement

UCO Bank submitted its annual promoter shareholding disclosure for FY 2025-26. The President of India, holding a 90.95% stake, declared that no direct or indirect encumbrances were created on the Bank's equity shares during the period.

UCO Bank Debt & Borrowing

UCO Bank submitted its annual disclosure for FY 2025-26 concerning non-convertible securities as per SEBI regulations. The bank confirmed that no new non-convertible securities were issued during the financial year. The filing includes details of five existing ISINs currently listed on the National Stock Exchange.

UCO Bank Business Update

UCO Bank reported provisional total business of ₹5,89,000 Crore as of March 31, 2026, marking 14.59% YoY growth. Total advances grew 19.09% YoY to ₹2.62 Lakh Crore, while total deposits increased 11.22% to ₹3.27 Lakh Crore. The domestic CASA ratio improved slightly to 38.48%, and the CD ratio rose to 80.12%.

Value

₹5,89,000 Cr