UCO Bank slides post FY 13 Q3 numbers; NPAs disappoint
Shares of UCO Bank dropped sharply by 6 per cent following a poor set of Q3 FY 13 numbers. The net non performing asset of the bank surged to 3.32% Vs 2.94% (QoQ). BSE 36.950.5 (1.35%) NSE 37.000.35 (0.95%)
The net interest income for the bank rose to Rs 1,180 crores as against Rs 1033 year on year. The Capital Adequacy Ratio has improved to 13.19% Vs 12.27%
The shares of the bank was last trading at 67.50, down 5.4 per cent on the Bombay Stock Exchange.