May 11, 2018 / 12:27 PM / 2 months ago

BRIEF-India's UCO Bank March Qtr Loss Widens

May 11 (Reuters) - UCO Bank:

* MARCH QUARTER NET LOSS 21.34 BILLION RUPEES VERSUS LOSS OF 5.88 BILLION RUPEES LAST YEAR

* MARCH QUARTER INTEREST EARNED 33.58 BILLION RUPEES VERSUS 36.14 BILLION RUPEES LAST YEAR

* MARCH QUARTER PROVISIONS AND CONTINGENCIES 22.39 BILLION RUPEES VERSUS 7.01 BILLION RUPEES LAST YEAR

* MARCH QUARTER PROVISIONS FOR NPAS 31.34 BILLION RUPEES VERSUS 15.78 BILLION RUPEES LAST YEAR

* MARCH QUARTER GROSS NPA 24.64 PERCENT VERSUS 20.64 PERCENT PREVIOUS QUARTER

* MARCH QUARTER NET NPA 13.10 PERCENT VERSUS 10.90 PERCENT PREVIOUS QUARTER

* UCO BANK - APPROVED ISSUE OF 1.5 BILLION SHARES TO RAISE TIER 1 CAPITAL UP TO 30 BILLION RUPEES FROM MARKET SOURCES IN ONE OR MORE TRANCHES DURING FY 2018-19 Source text: bit.ly/2IAa2X4 Further company coverage:

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