UCO Bank is a commercial bank with Indian and overseas branches

*Key Financial Indicators

SI. No.	Particulars (In %)	31.03.2001	31.03.2002	31.03.2003
1.	Interest Income/Average Working Funds (AWF)	9.71	9.27	8.82
2.	Interest Expenses/AWF	6.88	6.61	6.03
3.	Interest Spread/AWF	2.83	2.66	2.79
4.	Non-Interest Income/AWF	1.27	2.13	1.92
5.	Operating Expenses/AWF	3.21	2.98	2.62
6.	Cost Income Ratio	91.97	84.14	80.59
7.	Gross (Operating) Profit/AWF	0.88	1.81	2.09
8.	Net Profit/AWF	0.49	0.83	0.77
9.	Return on Net Worth	25.60	28.26	26.78
10.	Return on Assets	0.49	0.83	0.77
11.	Growth in Total Business	19.39	24.49	20.24
12.	Yield on Advances	10.14	10.25	9.90
13.	Cost of Deposits	8.02	7.40	6.61
14.	Credit/Deposit Ratio (%) (net)	48.67	48.45	52.91
15.	Credit+Non SLR investment (excluding investment in Subsidiaries)/Deposit Ratio	71.76	68.13	71.12
16.	Capital Adequacy Ratio	9.05	9.64	10.04
	Tier 1	5.36	4.89	5.19
	Tier 11	3.69	4.75	4.85

*Figures based on adjusted BS figures

*Definitions

Average Working Funds (AWF)	:	Fortnightly average of total assets;
Average Deposits	:	Fornightly average of total deposits;
Average Advances	:	Fornightly average of total advances;
Average Business	:	Total of average deposits and average advances;
Average Investment	:	Fortnightly average of total investments;
Interest Income/AWF	:	Total Interest Income divided by AWF;
Interest Expenses/AWF	:	Total Interest Expenses divided by AWF;
Interest Spread/AWF	:	Total Interest Income minus Total Interest Expenses divided by AWF;
Non Interest Income/AWF	:	Total Non Interest Income/AWF;
Operating Expenses	:	Total Expenses minus interest expenses;
Operating Expenses/AWF	:	Operating Expenses divided by AWF;
Cost Income Ratio	:	Operating Expenses/Non Interest Income plus Interest Spread;
Gross Profit/AWF	:	Operating Profit divided by AWF;
Net Profit/AWF	:	Net Profit divided by AWF;
Return on Net Worth	:	Net Profit/Net worth (excluding revaluation reserves);
Return on Assets	:	Net Profit/Average Assets;
Total Business	:	Deposits plus Advances;
Yield on Advances	:	Interest earned on Advances/Average Advances;
Cost of Deposits	:	Interest paid on Deposits divided by average deposits;
Credit Deposit Ratio	:	Total advances/Total Deposits;
Credit + Non SLR investments (excluding Investment in Susidiaries)/Deposit ratio	:	Total advances + Non-SLR Investments minus Invest in Sudiaries/Total Deposits;
Business per employee	:	Average Deposits plus Average Advances/Total No. of employees;
Gross Profit per employee	:	Gross Profit divided by total No. of employees;
Net Profit per employee	:	Net Profit/total no. of employees;
Business per branch	:	Average deposits plus average advances divided by No. of branches;
Gross Profit per branch	:	Gross Profit/No. of branches;
Net Profit per branch	:	Net Profit/No. of branches.

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For risk factors and further details please refer to the Offer Document