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Friday, February 7, 2020

Uco Bank moves closer to PCA exit

The bank's operating profit, which is calculated before provisions and contingencies, trebled at Rs 1,211 crore against Rs 381 crore in the year-ago period. The lender had reported a net loss of Rs 892 crore for the September quarter and Rs 999 crore for the December 2018 quarter, the bank said in a filing with stock exchanges.

from Banking/Finance-Industry-Economic Times https://ift.tt/375LRry

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