UCO Bank News
Aditya Birla Health Insurance inks bancassurance partnership with UCO Bank
ABHICL has more than 200 branches, with a diversified presence in over 4800 cities spread across the length and breadth of the country
 "Aditya Birla Health Insurance inks bancassurance partnership with UCO Bank")
PSBs in focus; UCO Bank, Indian Overseas, Union Bank surge over 5%
Motilal Oswal Financial Services believes that sustained and consistent performance on delivering healthy return ratios can result in further re-rating of the stocks.
 "PSBs in focus; UCO Bank, Indian Overseas, Union Bank surge over 5%")
PSU Bank index rose the most in 2022. Will this trend continue in 2023?
PSU Bank index surged 71 per cent in CY22, recording the highest-ever gain since it debut in 2011
 "PSU Bank index rose the most in 2022. Will this trend continue in 2023?")
Nifty PSU Bank index tumbles over 5%; IOB, UCO, Central Bank tank 10%
With today's fall, the Nifty PSU Bank index has corrected 15 per cent from its 52-week high level of 4,617.40 touched on December 15
 "Nifty PSU Bank index tumbles over 5%; IOB, UCO, Central Bank tank 10%")
Stock price of these two PSU banks have zoomed around 150% in last 22 days
In past one month, the stock price of UCO Bank zoomed 151%, while of Punjab & Sind Bank by 147%, as compared to 23% rise in the Nifty PSU Bank index and less than 1% gain in Nifty 50.
 "Stock price of these two PSU banks have zoomed around 150% in last 22 days")
PSB index soars 3%; these three constituents have zoomed over 50% in 1 mth
In the past one month, the Nifty PSU Bank index has rallied 17.4 per cent as against a 2.1 per cent gain in the S&P BSE Sensex
 "PSB index soars 3%; these three constituents have zoomed over 50% in 1 mth")
PSU Bank index soars 73% from June lows; UCO, BOI, Canara zoom up to 102%
In the past one month, the Nifty PSU Bank index has rallied 31 per cent as compared to a 2.8 per cent rise in the Nifty 50 index
Nifty PSU Bank soars 26% in a month; BOI, Canara Bank, UBI rally 55%
The Nifty PSU Bank index hit a new high of 3,811.15 on Wednesday, and has zoomed 67 per cent from its 52-week low of 2,283.85, touched on June 20, 2022.
 "Nifty PSU Bank soars 26% in a month; BOI, Canara Bank, UBI rally 55%")
Q2 Impact: SBI, BoB may see another 25% upside, UCO Bank 50%, hint charts
SBI hit life-time high, while Bank of Baroda registered a new 52-week high in trades on Monday after the banks reported strong Q2 earnings over the weekend. Here's what the charts indicate ahead.
 "Q2 Impact: SBI, BoB may see another 25% upside, UCO Bank 50%, hint charts")
UCO Bank net profit up 145% at Rs 504 cr in July-September quarter
Net NPA reduced to Rs 2,700.29 crore in Q2FY23 from Rs 3,854.33 crore as on Q2FY22 and from Rs 3,103.82 crore as on Q1FY23
 "UCO Bank net profit up 145% at Rs 504 cr in July-September quarter")
