UCO Bank, a state-owned lender headquartered in Kolkata, India, reported a 19% increase in credit growth, reaching ₹2.62 trillion for the January-March quarter of FY26. This marks an increase from ₹2.20 trillion in the same quarter of the previous financial year. The bank also saw an 11% rise in total deposits, which amounted to ₹3.27 trillion, up from ₹2.94 trillion a year earlier. Notably, the proportion of low-cost Current Account Savings Account (CASA) deposits improved to 38.48% of total deposits, compared to 37.91% in the previous year. Overall, UCO Bank's total business, combining advances and deposits, increased by 15% to ₹5.89 trillion from ₹5.14 trillion at the end of March 2025. As of March 31, 2026, the government retains a 90.95% equity stake in the bank.