UCO Bank Q4FY24: PAT down 9.5% YoY to Rs 526 cr due to higher provisioning

Kolkata: Public sector lender UCO Bank reported a 9.5% decrease in year-on-year net profit for the March quarter, totaling Rs 526 crore, primarily attributed to increased operating expenses, compared to the net profit of Rs 581 crore in the corresponding period last year.