UCO Bank’s CEO Ashwani Kumar said the bank is not seeing stress in its MSME loan portfolio despite global shocks like US tariffs and the Iran war. He pointed to improving loan quality, noting that MSME special mention accounts with exposure of ₹1 crore and above fell to 1.05% of the MSME loan book in March, down from ₹582 crore in December.
Uco Bank’s Q4 net profit jumped 23% to Rs 801 crore, helped by lower provisions. However, operating profit fell as core and non-interest income weakened. Net interest margin slipped to 3%, even while advances grew 19.4% and deposits rose 11.6%, signaling growth alongside margin pressure.
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