2

3

YoY Growth(%) Rank Operating Profit growth 47.16 1 Net Profit growth 144.5 1 NII growth 32 1

Parameter Rank Cost to Income ratio 1 Operating Profit Margin 2 ROA 3 Cost of Deposit 4 NIM 4 CASA 5 Operating Profit 7 Net Profit 7 NII 7 Total Assets 9

UCO Bank rankings among 19 PSBs excluding SBI & Associates

4

Cost to Income ratio

Operating Profit Margin

ROA Cost of Deposit NIM CASA (% of Dom.Depo)

Operating Profit

Net Profit NII Total Assets

UCO Bank rankings among 19 PSBs excluding SBI & Associates

5

PARAMETER Ranking Achievement Remarks

YoY change in GNPA Amt. 1 -7.10% UCO Bank is only bank showing reduction over FY'13

YoY change in GNPA % 1 110 Basis Pts.

Reduction

All other banks except CANARA (8 BPS reduction) show increase over FY'13

Ratio of Addn:Reduction of NPA in FY'14

1 0.9 For all other banks NPA additions are more than reductions in FY'14 (ratio > 1)

In terms of YoY Growth of (GNPA+Restructured assets), UCO is 5th lowest at 12.1% : United Bank is highest with 79.0% & Allahabad Bank lowest with -5.1% As of 31-3-14, UCO’s (GNPA+Restructured assets) as % age of Advances ranks 9th (11.61%): BOI is lowest with 6.76% and Central Bank highest with 22.11%

Management of stressed assets - UCO vs other peer

banks excluding SBI & Associates

6

7

Customer acquisitions & Branch expansions

15.37

21.00

28.12

34.79

10.00 15.00 20.00 25.00 30.00 35.00

FY'2010-11

FY'2011-12

FY'2012-13

FY'2013-14

Cust. Acquisition (lakhs)

2152 2206

2394

2614

2894

1900

2000

2100

2200

2300

2400

2500

2600

2700

2800

2900

31-3-10 31-3-11 31-3-12 31-3-13 31-3-14

Branches

8

Growth of Delivery Points

5

542

1,165

2,020

3,801

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

31Mar'10 31Mar'11 31Mar'12 31Mar'13 31Mar'14

Biz.Corresp. Agents

65

763

1245

0

200

400

600

800

1000

1200

1400

31.03.12 31.03.13 31.03.14

USBs

477

608

864

1361

2085

0 500 1000 1500 2000 2500

31Mar'10

31Mar'11

31Mar'12

31Mar'13

31 Mar'14

ATMs

8.61

13.32

18.93

27.44

41.53

0.00 10.00 20.00 30.00 40.00 50.00

31Mar'10

31Mar'11

31Mar'12

31Mar'13

31Mar'14

Cards(lakh)

9

12.99%

16.42%

27.07%

30.45%

10.54%

18.74%

10.19%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

35.00%

Total Deposits Total Advances Net Interest Income Operating profit Net Profit CASA Customer base

CAGR between 31Mar’10 and 31Mar’14

10

11

Highlights of Performance during QE June’14

Net Profit of Rs. 521.40 Crore in Q1FY’15 registered a QoQ growth of 83% and YoY growth of 2.01% . Bank coming out of purview of MAT & paying Rs. 163 Cr. income tax in the qtr. impacted Net Profit

Total income rose by 15.56 % to Rs. 5395.17 Cr. on the back of 20.59 % growth in Total Interest Income (Rs.5072.94 Cr.)

Net Interest Income rose by 8.73 % to reach Rs. 1483.13 Cr. (Rs. 1364.04 Cr.)

In Q1FY’15, fresh NPA generation was Rs.592 Cr. while Recovery & upgradation was Rs.784 Cr. Fresh NPA generation in preceding qtr. was Rs. 1761 Cr.

GNPA at Rs. 6346 Cr. as at 30-6-14 declined by 4.15% from 31-3-14 position (Rs. 6621 Cr.). and by 11.59% from year-ago p0sition (Rs.7178 Cr.)

Average Yield on Advances as on 30-6-14 stood at 10.10% (annualized) as against 9.77% a year ago

As on 30-6-14, Retail loan portfolio registered a sharp growth of 77.63% YoY to reach Rs. 17181 Cr. on the back of 65.76% growth in Home loan and 250.24 % growth in Car loan portfolios

12

As on/ during QE

PARAMETERS June’13 June’14 Change (%)

Y-O-Y Total Business 305719.23 348914.19 14.13 Total Deposit 177050.34 201813.66 13.99 Total Advance 128668.89 147100.53 14.32 Total Income 4668.82 5395.17 15.56 Net Interest Income 1364.04 1483.13 8.73 Operating Profit 1264.43 1202.05 -4.93

Provisions 753.32 680.65 -9.65 Net Profit 511.11 521.40 2.01 Gross NPA (Rs.Cr.) 7177.97 6346.32 -11.59 Gross NPA % 5.58 4.31 Net NPA (Rs.Cr.) 3939.30 3344.02 -15.11 Net NPA % 3.15 2.33 CASA 56757.64 59516.60 4.86 Cost to income (%) 30.75 33.42 ROA 1.01 0.90 NIM (Global) 2.70 2.56 NIM (Domestic) 2.91 2.72 NPA Prov coverage 54.75 58.11 Book Value per share (Rs.) 105.00 110.09

[ Amt. in Rs. Crore except otherwise mentioned]

Movement of business parameters

13

14

[ Amt. in Rs. Crore ]

QE Jun'13

QE Mar’14

Parameters QE

Jun'14

160308 182730 A) Deposit (Domestic) 183907

26704 25353 Current 25746

30053 33531 Savings 33771

56758 58884 CASA 59517

35.41 32.14 Share of CASA (%) 32.30

121020 131179 Core Deposit 132877

16742 16803 B) Deposit (Overseas) 17907

177050 199533 C)Total Deposit (Global) 201814

Deposit components

15

[ Amt. in Rs. Crore ]

Portfolio Amount INR Crore % to NDTL

Investment in SLR (G Sec)

• HFT 0 0

• AFS 11079.82 5.89

• HTM 44118.48 23.45

Sub Total (Investment in SLR) 55198.30 29.34 Investment in Non - SLR

• HFT 0 0

• AFS including priority sector 7909.75 4.20

• HTM including priority sector 4579.92 2.43 Sub Total (Investment in Non - SLR) 12489.67 6.64

Gross Total (SLR + Non-SLR) 67687.97 35.98

Priority Sector Investment 4892.78 2.60

Investment Portfolio as on 30-06-2014

16

Portfolio-wise yield and M – duration for Interest

Bearing Securities

Portfolio Yield M-Duration

30.06.2013 30.06.2014 30.06.2013 30.06.2014

SLR AFS + HFT 8.44 8.93 3.16 4.64

SLR HTM 7.65 7.96 4.10 5.34

Total SLR 7.88 8.15 3.92 5.20

Non SLR

(Interest Bearing

Securities)

8.12 9.42 1.47 3.07

Total Interest

Bearing

Securities

7.90 8.27 4.26 4.87

17

[ Amt. in Rs. Crore ] Investments over a period

31.3.2010 31.3.2011 31.3.2012 31.3.2013 31.3.2014 30.6.2014

SLR (G-sec) 31397 34963 40092 43347 53017 55198

Non-SLR 11140 6425 4946 7987 12782 12490

TOTAL 42537 41388 45038 51334 65799 67688

CATEGORY

Composition as on

31.3.2010 31.3.2011 31.3.2012 31.3.2013 31.3.2014 30.6.2014

H T M 24162 27675 32827 35661 46064 48698

% of Total Investment 56.80 66.87 72.88 69.47 70.01 71.94

A F S 18373 13713 12032 15673 19735 18990

% of Total Investment 43.19 33.13 26.72 30.53 29.99 28.06

H F T 2 0 179 0 0 0

% of Total Investment 0.01 0.00 0.40 0.00 0.00 0.00

Gross Investment 42537 41388 45038 51334 65799 67688 Depreciation & Provision 178 188 410 248 254 246

Net Investment 42359 41200 44628 51086 65545 67442

18

FY 2013 FY 2014 QE 30-06-14

Interest Income 3587 4426 1326

Trading Profit 327 276 56

Total Income 3914 4702 1382

Interest Income, Total income and Trading Profit on Investment [ Amt. in Rs. Crore ]

FY 2013 FY 2014 QE 30-06-14

Exchange Profit 81 137 69

81

137

69

0

20

40

60

80

100

120

140

160

FY - 12-13 FY - 13-14 Quarter ended 30-Jun-14

Exchange Profit (Rs. In Crore)

19

20

5.42%

5.58%

5.32%

5.20%

4.32%

4.31%

3.17%

3.15%

3.13%

3.06%

2.38%

2.33%

2.00% 2.50% 3.00% 3.50% 4.00% 4.50% 5.00% 5.50% 6.00%

Mar'13

Jun’13

Sep’13

Dec'13

Mar'14

Jun'14

NNPA (%) GNPA (%)

Salient features of Asset Management

From a high of 5.58% GNPA as on 30th June 2013, we have been able to reduce our NPAs consistently in all subsequent quarters to bring it down to 4.31 % as 0n 30th June 2014 NNPA has come down to 2.33% as on 30th June’2014 from 3.15% a year ago

Gross NPA at Rs. 6346 Cr. as at end of Q1FY’15 declined by 4.15% from the end of preceding quarter (Rs. 6621 Cr.). and by 11.59% from year-ago p0sition (Rs.7178 Crore)

21

Impaired Assets movement Q-o-Q

As on / during the QE Jun'13

As on / during the QE Mar'14

Parameters

As on / during the QE Jun'14

7130.09 7353.30 Gross NPA (Opening Balance @ beginning of Qtr/ FY)

6621.37

628.71 1761.32 Slippage (during the Qtr) 591.83

394.36 1860.39 Recovery + Up gradation 783.62

186.47 632.86 Write off 83.26

7177.97 6621.37 Gross NPA (Amt.) 6346.32

5.58% 4.32% Gross NPA (%) 4.31%

3939.30 3556.43 Net NPA (Amt.) 3344.02

3.15% 2.38% Net NPA (%) 2.33%

[ Amt. in Rs. Crore ]

22

[ Amt. in Rs. Crore ]

Sectorwise NPAs (Domestic)

Parameters

As on / during the QE

Jun'13 Mar'14 Jun'14

1 Agriculture & Allied Activities 881.34 951.23 942.21

2 Micro & Small Industries 1058.57 1206.65 1185.24

3 Medium Industries 953.76 316.05 325.61

4 Large Industries 2295.28 2294.53 2054.63

5 Services 698.04 923.74 875.24

6 Retail 658.42 378.65 385.63

7 All Others 382.3 204.16 213.90

Total 6927.71 6275.01 5982.46

23

Restructured Standard Assets

(stock of 2 years as per disclosure norms)

Q1FY’15 Details Amt.(Cr.)

Total Restructured Assets as on 01 Apr’2014 11165

Add: Standard Accounts restructured during Q1FY’15 1715

Add: Net increase in existing Standard Restructured accounts during Qtr. 33

Total Standard Restructured as on 30 Jun’2014 12913

% age of Restructured Advances to Total Loans and Advances as on Jun, 2014 148967

8.66

As on 30-06-2013 As on 31-03-2014 Industry As on 30-06-2014

5893 4239 Power and Distribution 4769

1205 1919 Infrastructure 2181 710 2502 Iron and Steel 2510 758 0 Aviation

124 134 Information technology 132

1027 2371 Others 3321

9717 11165 Total 12913

24

25

[ Amt. in Rs. Crore ]

Income, Expenditure & Profit (Global)

During YoY Change

Q1 FY’14 Q1FY’15 Amt. %

I)Total Income (a+b) : 4668.82 5395.17 726.35 15.56

a)Interest Income 4206.93 5072.94 866.02 20.59

Interest on Advances 3152.18 3700.35 548.17 17.39

Income on Investments 968.39 1316.87 348.48 35.99

Other Interest Income 86.36 55.72 -30.64 -35.48

b)Other Income 461.89 322.23 -139.66 -30.24

II)Total Expenses 3404.39 4193.12 788.73 23.17

Interest Paid 2842.88 3589.81 746.93 26.27

Operating Expenses 561.50 603.31 41.81 7.45

III)Operating Profit (I-II): 1264.43 1202.05 -62.38 -4.93

IV)Provisions 753.32 680.65 -72.67 -9.65

V)Net Profit (III-IV) : 511.11 521.40 10.29 2.01

Net Interest Income 1364.04 1483.13 119.08 8.73

26

Ratio Analysis

During

Q1FY’14 Q1FY’15

Cost of Deposit (%) 6.16 6.55

Yield on Advances (%) 9.77 10.10

Yield on Investment (%) 7.58 7.88

Net Interest Margin Global (%) 2.70 2.56

Net Interest Margin Domestic (%) 2.91 2.72

Cost to Income Ratio (%) 30.75 33.42

GNPA (%) 5.58 4.31

NNPA (%) 3.15 2.33

NPA Provision Coverage (%) 54.75 58.11

CRAR (Basel-II) (%) 13.72 12.91 CRAR (Basel-III) (%)

13.44 12.30

27

Profitability Indicators

During

Q1FY’14 Q1FY’15

Return on Assets (%) 1.01 0.90

Return on Equity (%) 28.00 19.78

Op. Profit to AWF (%) 2.50 2.07

Book Value per Share (Rs.) 105.00 110.09

Earnings per Share (Rs.) 6.79 5.14

Net Worth (Absolute) excl. revaluation reserve 9380.28 10806.28

Net-interest income to AWF (%) 2.70 2.56

Non-interest income to AWF (%) 0.91 0.56

28

[ Amt. in Rs. Crore ] Capital Adequacy

30-06-2013 31-03-2014 PARAMETERS 30-06-2014

101893.53 116726.97 Total Risk Weighted Assets 120180.64

87812.28 99071.43 Credit Risk 102015.64

5701.00 9275.29 Market Risk 8338.18

8380.25 8380.25 Operational Risk 9826.82

13979.67 15651.60 Total Capital Fund 15513.13

8969.77 10393.29 Tier I Capital Fund 10393.29

5009.90 5258.31 Tier II Capital Fund 5119.84

13.72 13.40 Under

BASEL II

Capital Adequacy Ratio (%) 12.91

8.80 8.90 Tier I (%) 8.65

4.92 4.50 Tier II (%) 4.26

13.44 12.68 Under

BASEL III

Capital Adequacy Ratio (%) 12.30

8.74 8.71 Tier I (%) 8.49

4.70 3.97 Tier II (%) 3.81

29

30

FY 2010-11 FY 2011-12 FY 2003-14 FY 2013-14 Q1 FY2014-15

Officer Staff Officer Staff Officer Staff Officers Staff Officers Staff

Opening Position 8798 14446 8274 14752 9059 14088 10821 13288 11594 12963 Reduction during FY (Retirement & Promotion to Officer cadre etc.)

577 695 470 1531 719 1392 1597 1392 224

711

Addition in FY (Recruitment & Promotion)

53 1001 1255 867 2481 592 2370 1067 1524 46

Closing Balance 8274 14752 9059 14088 10821 13288 11594 12963 12894 12298

Total Employee 23026 23147 24109 24557 25192

31-Mar-11 31-Mar-12 31-Mar-13 31-Mar-14 30-Jun-14

Officer Staff Officer Staff Officer Staff Officers Staff Officers Staff

<= 30 year 602 618 1011 1222 2532 1323 3303 1862 4495 1408

>30 yrs to 45 yrs 909 2169 1038 1897 1485 2258 1932 1899 2155 1617

> 45 yrs to 55 yrs 3954 7069 3703 6107 3216 5761 2679 5131 2585 4293

>55 years 2809 4896 3307 4862 3588 3946 3680 4071 3659 4980

TOTAL 8274 14752 9059 14088 10821 13288 11594 12963 12894 12298

Changing Employee profile

31

New initiatives

Balance Inquiry of OD, CC, CA & SB through Missed Call at 092787 92787 has been implemented

Mini Statement display of OD, CC, CA & SB through Missed Call at 092131 25125 has been implemented

Furnishing of Information about Home loan & Car loan schemes through missed call at 92102 22122 has been implemented

Facility for making payment through NEFT on a later date has been provided (through internet Banking) by allowing option of scheduling the same

Credit Monitoring functions are being automated to the maximum possible extent for controlling Asset Health and containing fresh slippages

Software-driven “Offsite Surveillance” and generation of various alerts for the benefit of branches and controlling offices have been implemented for conducting Risk based Internal Audit of the branches

Introduced some very customer-friendly modifications in our UCO Home Loan Scheme

32

Awards & Accolades in FY’13-14

UCO Bank was recently awarded the “Platinum SKOCH Inclusion & Deepening Award 2014” for “excellence in banking”.

UCO Bank has been awarded the first prize for the “highest average loan to SHGs in West Bengal under the commercial bank category”. The bank was awarded on the eve of Nabard Foundation Day celebrations on July 12.

Federation of Indian Export Organisations' Northern Region has conferred the "Silver Award" under the category Best Financial Institution to UCO Bank for excellent export performance in 2012-13.

33