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