Eight PSU banks register more than 50% rise in Q4 net profit; Bank of Baroda tops the list

Bank of Baroda leads the way with a 168% YoY rise in Q4FY23 net profit to ₹4,775 crore. Bank of Maharashtra, Bank of India, Union Bank of India, Canara Bank, and Central Bank of India also delivered strong profit growth in Q4FY23.

Nifty PSU Bank down 15% this year; have these lenders lost their mojo?

The Nifty PSU Bank index is down almost 15 percent year-to-date against a 7 percent fall in the Nifty Bank and private bank indices and a nearly 6 percent fall in the equity benchmark Nifty50.

No PSU bank stock rose in 2023 so far after a stellar 2022; should you buy or stay away?

In 2023, the Nifty PSU Bank index has fallen over 13 percent with all its constituents in the red. Meanwhile, in the last 1 year, the index has given over 40 percent returns to its investors. What should you do?

UCO Bank stock rises over 4% after Q3 net profit more than doubles

Following the strong Q3 numbers, shares of UCO Bank got off to a great start during Wednesday's trade at ₹30.20 apiece, as against the previous closing price of ₹29.45. The stock rose further, reaching an intraday high of ₹30.75.

UCO Bank to raise up to ₹1,000 crore by issuing bonds

<ul><li>The bank's board will consider the proposal for raising tier I capital in the form of additional tier I bonds in one or more tranches aggregating to ₹1,000 crore, UCO Bank said in a regulatory filing.</li></ul>

5 banking stocks priced under ₹50 that gained up to 122% in a month; do you own any?

stocks

Recent gains in banking stocks are being attributed to an acceleration in credit growth, a decline in non-performing assets (NPAs), double-digit growth in net interest income, and rating upgrades from top global brokerage firms.

UCO Bank stock rallied 44% in a week to hit a three-year high

UCO Bank shares have surged 44 percent in the last five sessions. Over the last three months, the stock delivered a staggering return of 82 percent and it is currently trading at a three-year high.

UCO Bank shares jump over 4% on positive sentiment after FD rate hikes, strong Q2 results

UCO Bank opened on a negative note at ₹14.50 per share on Wednesday against the previous close of ₹14.55 per share. However, the stock recovered soon and rallied to touch an intraday high of ₹15.15.

Top Uco Bank News

markets

Eight PSU banks register more than 50% rise in Q4 net profit; Bank of Baroda tops the list

markets

Nifty PSU Bank down 15% this year; have these lenders lost their mojo?

markets

No PSU bank stock rose in 2023 so far after a stellar 2022; should you buy or stay away?

markets

UCO Bank stock rises over 4% after Q3 net profit more than doubles