UCO Bank — Earnings Release 2021

May 27, 2021

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UCO Bank announces Financial Results for the Quarter/ Year Ended 31[st] March 2021 HIGHLIGHTS OF PERFORMANCE

Financial Performance:

• Bank has made Net Profit of 80.02 Crore during the quarter ended March 2021 as against Net Profit of 16.78 Crore in the quarter ended March 2020.

• Net Profit of 167.03 Crore during the year ended March 2021 as against Net Loss of 2436.83 Crore during the year ended March 2020. Bank registered Net Profit in Financial Year 2020-21 after continuous loss in 5 financial years.

• Operating Profit of the Bank for the quarter March 2021 stood at 1532.53 Crore as against 1216.60 Crore for the quarter ended March 2020 registering a growth of 25.97%.

• Operating Profit of the Bank for the year ended 31.03.2021 has increased to 5420.62 Crore from 4835.60 Crore for the year ended 31.03.2020 registering a growth of 12.10% . Bank registered highest operating profit for the quarter as well as for financial year.

• Net Interest Income of the Bank for the quarter ended March 2021 has increased to 1412.61 Crore from 1254.51 Crore for the quarter ended March 2020 registering a growth of 12.60%. This is highest Net Interest Income in last 22 quarters.

• Net Interest Income of the Bank for the year ended 31.03.2021 has increased to 5479.70 Crore from 5092.27 Crore for the year ended 31.03.2020 registering a growth of 7.61%.

• Other Income of the Bank for the quarter ended March 2021 has increase to 1370.43 Crore as against 768.78 Crore for the quarter ended March 2020 registering a growth of 78.26%.

• Other Income of the Bank for the year ended 31.03.2021 has increased to 3720.27 Crore from 2871.21 Crore for the year ended 31.03.2020 registering a growth of 29.57 %. Bank registered highest other income for the quarter as well as for financial year.

• Total Business of the Bank has increased to 324324.20 Crore as on 31.03.2021 from 308164.89 Crore as on 31.03.2020 registering a growth of 5.24%.

• Total Deposits of the Bank has increased to 205919.39 Crore as on 31.03.2021 from 193203.44 Crore as on 31.03.2020 registering a growth of 6.58%.

• CASA of the Bank (Domestic) stood at 39.66% as on 31.03.2021.

• Savings Deposits of the Bank has increased to 70808.70 Crore as on 31.03.2021 from 63685.99 Crore as on 31.03.2020 registering a growth of 11.18 %.

• Total Advances of the Bank stands at 118404.81 Crore as on 31.03.2021 as against 114961.44 Crore as on 31.03.2020 registering a growth of 3.00%.

• Gross NPA of the Bank has reduced to 11351.97 Crore (9.59%) as on 31.03.2021 from 19281.95 Crore (16.77%) as on 31.03.2020 and from ` 11440.47 Crore (9.80%) as on 31.12.2020.

• Net NPA of the Bank has reduced to 4389.50 Crore (3.94%) as on 31.03.2021 from 5510.65 Crore (5.45%) as on 31.03.2020.

• Provision Coverage Ratio of the Bank has increased to 88.40% as on 31.03.2021 from 85.46% as on 31.03.2020.

• Capital Adequacy Ratio of the Bank stood at 13.74% and CET-I Ratio at 11.14% as on 31.03.2021.

Kolkata,

- - 27 May 2021