UCO Bank, Punjab & Sind Bank Q3 Results: Double-Digit Profit Growth, Improved Asset Quality
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CNBC Awaaz•17-01-2026, 17:28
UCO Bank, Punjab & Sind Bank Q3 Results: Double-Digit Profit Growth, Improved Asset Quality
- •UCO Bank and Punjab & Sind Bank reported strong Q3 results with double-digit profit growth.
- •UCO Bank's net profit rose 15.8% to ₹739.5 crore, with NII up 11.3% to ₹2,646 crore.
- •Punjab & Sind Bank's net profit increased 19.3% to ₹336.4 crore, and NII grew 5% to ₹986.2 crore.
- •Both banks showed significant improvement in asset quality, with reduced Gross and Net NPAs.
- •The positive results may influence stock performance in the upcoming trading session.
Why It Matters: Public sector banks UCO Bank and Punjab & Sind Bank delivered strong Q3 profits and improved asset quality.
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