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Uco Bank posts 350% rise in operating profit to Rs 170 cr
Calcutta, May 12: The Uco Bank has registered growth in all the key parameters during the 1999-2000. A bank release issued on Friday said the total deposit stood at Rs 18,360 crores (Rs 16,251 crores in March 1999) registering a growth of about 13 per cent. Advances recorded a growth of 19.05 to reach 8,599 crores (Rs 7223 crores in March 1999), enabling the bank to record an overall business of nearly Rs 27,000 crores. The total investment climbed to Rs 9,936 crores and operating profit to Rs 170 crore (Rs 38 crores in March 1999) recording a rise of 350 per cent.Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.
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