UCO Bank532505Banking
Uco Bank's executive director discussed the bank's growth trajectory, credit growth guidance and FCNR deposit mobilization in an interview
By ScoutQuest · · 1 min read
- Credit growth this quarter
- 24.7%
- Retail credit growth
- 30%
- Agriculture credit growth
- 29.59%
- MSME credit growth
- 20%
- Corporate book growth
- 24%
Heard on business television between 11:50:13 - 11:53:13 IST.
- Said Uco Bank's total credit growth stood at 24.7% in the last quarter, surpassing its full-year guidance of 12-14% advances growth.
- Noted retail credit grew around 30%, agriculture 29.59%, MSME over 20%, and corporate book 24%, calling the growth sustainable across segments.
- Said RAM sector advances ratio was more than 65%, beyond the guided 62-65% range, with home loans growing 20%.
- Said the bank targeted 500 million US dollars under the FCNR deposit window opened by RBI but mobilized over 700 million dollars including OFCBs, supporting credit growth.
- Said CD ratio would be maintained around 82% and the bank would tap overseas borrowing and refinancing to support credit growth.
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Source: Live TV News Channel · 16 Oct 2026
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