UCO Bank reported Q3 earnings and losses continue to widen. Asset quality also deteriorates. In an interview with CNBC-TV18, Ravi Krishan Takkar, MD and CEO of the bank spoke about the results and his outlook for the company.

Retail & SME book to grow at 12-13% going ahead: UCO Bank

It is the 8th consecutive quarter of net loss for UCO Bank, net interest income (NII) is shrinking rapidly. In an interview to CNBC-TV18, Ravi Krishan Takkar, MD & CEO of UCO Bank discussed about the same in details.

UCO Bank's provisions will come down in 3rd quarter: Chief

In conversation with CNBC-TV18, Ravi Krishan Takkar, MD & CEO of the bank, said net non-performing assets (NPA) have come down from 10.04 percent as on June to 8.83 percent. This is due to good recovery and the bank was able to upgrade few account during this quarter.

UCO Bank hopes to contain slippages between Rs 1,500-2,000 cr

In comparison to the March quarter of FY16 when the loss figure was Rs 1,716 crore, the bank has managed to cut down losses, said Chief Executive and Managing Director RK Takkar.

Do not see any restructuring in next quarter: UCO Bank

During the quarter, slippages were Rs 2,074 crore and the production non-performing asset (NPA) were Rs 1,340 crore. The net addition into gross NPAs and the reissue has moved up from 6,150 to 6,176.

See NIMs improving by 10-20 bps in Q4: UCO Bank

With the cost of fund coming down, Arun Kaul, CMD, UCO Bank is hopeful of seeing net interest margin (NIM) improvement by 10-20 basis points in the fourth quarter from the current 2.58 percent.

UCO Bank on recovery path; gross NPA up only by Rs 419 cr

Despite UCO Bank disappointing the street on Tuesday with its fourth quarter result, S Chandrasekharan, ED of the Bank sees strong recoveries in this quarter.

UCO Bank sees fall in slippages, growth in CASA

UCO Bank's operating profits went up, but the net profit came down in Q3. Arun Kaul, Chairman, UCO Bank in an interview to CNBC-TV18 said that it was because they made fairly large provisions due to large slippages.

Banking sector results preview for Q2FY13: Angel Broking

Angel Broking has come with its September`12 quarterly earning estimates for banking sector. According to the research firm banking stocks remained under stress on increased asset quality concerns.

Banks margins to come under pressure in 1HFY2013: Angel

Angel Broking has come out with its June quarterly earning estimates for banking sector. The research firm expects margins to come under pressure in 1HFY2013.

Banking sector results preview for Q4FY12: Angel Broking

Angel Broking has come with its March quarterly earning estimates for banking sector.

See global NIMs at 3% by March: UCO Bank

Public sector lender UCO Bank delivered mixed third quarter numbers. Its profits rose 10% while net interest income (NII) declined 3% year-on-year (Y-o-Y) on an quarter on quarter basis (Q-o-Q) it was flat.

Q3 results: Angel Broking reviews UCO Bank, ICICI numbers

In an interview to CNBC-TV18, Vaibhav Agrawal, banking analyst of Angel Broking speaks about UCO Bank’s and ICICI Bank’s Q3 numbers and gives his outlook going forward.

Banking sector results preview for Q3FY12: Angel Broking

Angel Broking has come with its quarterly earning estimates for banking sector.

Hope to close at average 3% margins this year: UCO Bank

UCO Bank reported a strong set of second quarter numbers for FY12. Arun Kaul, Chairman of the bank breaks down the second quarter results.

Expect credit growth of 19-20% in FY12: UCO Bank

Public sector lender UCO Bank has posted a 12% rise in its net profit for the first quarter of fiscal year 2012. In an interview with CNBC-TV18, Arun Kaul, chairman of UCO Bank said, he expects credit growth of 19-20% in FY12.

Banks Q1 seen mixed; private sector to outperform

Top lender State Bank of India will likely be alone among major Indian banks to post a fall in profit for the June quarter, on slower credit growth and higher provisions, but margins for most banks may shrink on higher deposit rates.

UCO Bank confident of protecting NIMs at 3% ahead

In an interview with CNBC-TV18, Arun Kaul, chairman of UCO Bank, spoke about the banks results and his outlook.

UCO Bank Q3 net at Rs 301cr, NPAs rise 1.13%

UCO Bank posted a significant increase in its net profit for the third quarter of fiscal year 2011. Its PAT for the quarter came in at Rs 301 crore versus Rs 246 crore. The bank’s net interest income for the quarter also increased by 69.11% to Rs 1,062 crore from Rs 628 crore.

UCO Bank Dec qtr PAT seen down 42.3% at Rs 142cr: Angel

Angel Broking has come out with its earning estimates on banking sector for the quarter ended December 2010. According to the research firm, UCO Bank December quarter operating income are expected to go up by 42.4% to Rs 1227 crore, Year-on-Year, (Y-o-Y) basis.