Kolkata: UCO Bank reported a 22.6% rise in net profit for the quarter ended March 31, 2026, at Rs 801 crore, up from Rs 653 crore a year earlier. The .

ITANAGAR: The Executive Director of UCO Bank, Vijaykumar Nivrutti Kamble, arrived in Itanagar on April 20 to participate in the meeting of the Parliamentary Committee during its study visit to Itanagar. While participating in various important meetings, he discussed UCO Bank's contribution towards the development of the State of Arunachal Pradesh and the necessary measures required to further strengthen and streamline banking services in the State. All the Branches under Jorhat Zone were addressed through the online mode. The Executive Director stated that UCO Bank has made several modifications to its products in line with the needs of customers so that loans can be made easily available to the needy. At present, the Bank's total business has reached Rs 5.89 Lakh Crore, which includes advances of Rs 2.62 Lakh Crore and deposits of Rs 3.27 Lakh Crore. A target has been set to increase this to Rs 7.00 Lakh Crore in the current financial year. All were apprised of the measures to be undertaken to achieve the banking business targets.

Officials said Rs 2 crore was misappropriated in the bank’s Baripada branch, while Rs 2.26 crore has been embezzled in the Betnoti branch.

Rs 1.08 Crore Withdrawn From UCO Bank Using Forged Signatures #bankfrauds #ucobank #baripada #municipality #odisha #otvnews #otvenglish --------------------------------------------------------------------------------------------------------- OdishaTV is Odisha's no 1 News Channel. OTV being the first private satellite TV channel in Odisha carries the onus of charting a course that behoves its pioneering efforts. Accordingly its charter objectives are FREE, FAIR and UNBIASED. OTV delivers reliable information across all platforms: TV, Internet and Mobile. Stay tuned for all the breaking news ! Visit Our Website https://odishatv.in/ Android App: bit.ly/OTVAndroidApp iOS App: http://bit.ly/OTViOSApp Watch Live: http://live.odishatv.in/ YouTube: https://goo.gl/Ehz6OP Facebook: https://www.facebook.com/otvnews OTV English Facebook : https://www.facebook.com/otvenglish Telegram @otvtelegram @otvkhabar Twitter: https://twitter.com/otvnews Instagram: https://www.instagram.com/otvnews/ #OTVNews #OdishaTV

Divestment secretary Arunish Chawla also confirmed plans to launch an IPO of a state-run natural resources company or one of its subsidiaries within the current financial year.

The analyst advised caution on these stocks, noting that all four lenders are trading below their 200-DMA.

The government is considering stake sales in select PSU banks, which may increase liquidity and valuations, according to the analyst.

The analyst advises investors to follow price-confirmed strength rather than chase volatile moves.

Despite declines in stock prices for some, such as UCO Bank and Punjab & Sind Bank, analysts see growth potential in these companies, driven by digital initiatives, strategic lending, and expansion plans.