This comes close on the heels of its coming out from the prompt corrective action (PCA) framework of the Reserve Bank of India.
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The net NPA was at Rs 10,865.26 crore in the third quarter, down from Rs 11,082.74 crore by the end of the September quarter.
The Reserve Bank of India imposed a penalty of Rs 2 crore each on UCO Bank and Axis Bank for non-compliance with an earlier circular.
Last month, Kraft Heinz Co agreed to sell its popular health-drink brands Complan and Glucon-D, to Zydus Wellness Ltd for Rs 4,595 crore.
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