Oct 21, 2024 / 09:30AM GMT
Operator
Good afternoon, ladies and gentlemen, welcome to UCO Bank (technical difficulty) '25 call. It is my pleasure to introduce to you the senior management of UCO Bank. With us, we have Mr Ashwani Kumar MD (technical difficulty); Mr Rajendra Kumar Saboo, Executive Director, Vijay and (inaudible) Executive Director.
We have opening remarks from the MD sir, post which we open the floor for question and answer. (technical difficulty)
Ashwani Kumar - UCO Bank - Chief Executive Officer, Managing Director
Thank you. I welcome all investors and analysts with this post quarter two results. Well, total business of the bank grew by 13.56% on a Y-o-Y basis to INR4,33,704 of which deposits grew by 10.57% at INR2,75,777 crore, advances grew by 18% to INR1,97,927 crore.
Our RAM, total RAM stood at INR1,08,200 crore with a growth of 20% on a Y-o-Y basis and RAM retailed adavnced is stood at INR47,039 crore with registering a growth of 29.36% which was fueled by home loan and vehicle loan growth, home loan growth of 19% and vehicle loan growth of 38.66%
Q2 2025 UCO Bank Earnings Call Transcript
1 day ago
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