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Banking & Finance
UCO Bank Q3 net up 22.5%

MUMBAI: State-owned UCO Bank has posted 22.54 per cent growth in net profit to Rs 301.24 crore in the third quarter ended December 31, 2010.

In the year-ago period, it registered a net profit of Rs 245.82 crore, UCO Bank said in a filing to the Bombay Stock Exchange.

The banks’ total income increased to Rs 3,108.39 crore during the October-December quarter of 2010-11 fiscal from Rs 2,608.760 crore in the year-ago period. — PTI

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