Kolkata: UCO Bank saw 26.7% growth in net profit in the second quarter of the 2026-27 fiscal to Rs 786 crore, up from Rs 620 crore in the year-ago period.MD and CEO Rajendra Kumar Saboo said the rise was largely due to growth in net interest income (NII).NII grew 13.9% year-on-year to Rs 2,886 crore for the quarter ended Sept 30, up from Rs 2,553 crore in the same quarter last year.Fee-based income rose 34.6% to Rs 558 crore during the quarter. Operating profit rose 16%.Saboo said the bank has raised its floating rate following the repo rate increase and hopes UCO Bank will maintain its margin.
