UCO Bank

NSE UCOBANK.NS

UCO Bank Interest Coverage Ratio for the year ending March 31, 2024: -0.02

UCO Bank Interest Coverage Ratio is -0.02 for the year ending March 31, 2024, a 17.50% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • UCO Bank Interest Coverage Ratio for the year ending March 31, 2023 was -0.02, a -27.70% change year over year.
  • UCO Bank Interest Coverage Ratio for the year ending March 31, 2022 was -0.02, a -29.33% change year over year.
  • UCO Bank Interest Coverage Ratio for the year ending March 31, 2021 was -0.01, a -9.65% change year over year.
  • UCO Bank Interest Coverage Ratio for the year ending March 31, 2020 was -0.01, a -0.07% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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SV Wall Street
NSE: UCOBANK.NS

UCO Bank

CEO Mr. Ashwani Kumar
IPO Date Oct. 9, 2003
Location India
Headquarters No. 10, BTM Sarani
Employees 21,456
Sector Finance
Industries
Description

UCO Bank provides a range of banking and financial services in India and internationally. It accepts deposit products, such as current accounts, saving accounts, salary accounts, fixed deposits, recurring deposits, accounts in foreign currency, salary accounts, and fee collection accounts. The company also provides agri, home, education, gold, personal, vehicle, and mortgage loans; finance to micro and small enterprises; working capital financing; term loans; infrastructure finance; and agriculture credit. In addition, it offers life, health, and general insurance products; credit and debit cards; internet banking services; and international banking services, including NRI banking, foreign currency loans, finance to exporters and importers, remittances, forex and treasury services, resident foreign currency deposits, and correspondent banking services to Indian customers, corporates, NRIs, overseas corporate bodies, foreign companies/individuals, and foreign banks. Further, the company provides government deposit schemes/bonds, pension payments/schemes, and tax collection services; merchant banking; and mutual funds. As of March 31, 2022, it operated 3072 domestic branches and 2 overseas branches. The company was formerly known as The United Commercial Bank Ltd. and changed its name to UCO Bank in December 1985. UCO Bank was founded in 1943 and is headquartered in Kolkata, India.

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StockViz Staff

February 11, 2025

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