UCO Bank loss widens

UCO Bank’s loss widened by 50 per cent to ₹663 crore in the April-June quarter of this fiscal. The bank’s loss in the corresponding quarter last fiscal stood at ₹441 crore. The total income saw an over 10 per cent dip to ₹4,237 crore. The gross NPA rose 11 per cent to ₹25,054 crore. The net NPA, however, saw a marginal improvement of less than one per cent to ₹12,011 crore. Our Bureau