United Commercial Bank (UCO Bank) was founded in 1943 and is one of the leading public sector banks in India. The bank has a network of over 4,000 branches and ATMs across India.

Over the years, the bank has transformed itself through various initiatives such as adoption of technology, branch expansion and diversification of product offerings. In recent years, the bank has focused on improving its asset quality and profitability.

As of March 2021, the bank's revenue was INR 64,269 crore and its net profit was INR 1,148 crore. The major contributor to the bank's revenue is interest income from lending activities. The bank offers a range of products including personal loans, business loans, agricultural loans and more.

The major growth drivers for the bank in the future include digital transformation, expansion into new markets, and focus on retail banking.

The banking industry in India is highly competitive and UCO Bank faces competition from both public sector and private sector banks. Some of its direct competitors include State Bank of India, ICICI Bank, HDFC Bank and Axis Bank.