Shares of UCO Bank slipped over 4 per cent in Monday's trade after net loss of the lender widened to Rs 2,134.36 crore for the fourth quarter ended March 31 due to increase in provisioning for non-performing assets (NPA) and fall in total income.

It had reported a net loss of Rs 588.19 crore in the corresponding quarter of 2016-17.

The bank's total income, in the quarter under review, slipped by about 12 per cent to Rs 3,424.65 crore from Rs 3,906.74 crore in the year-ago period.

The lender said its provisions for bad assets were at Rs 3,133.52 crore at the end of March 31, as against Rs 1,577.60 crore in the year-ago period.

Gross NPA as a percentage of total advances came at 24.64 per cent at the end of March quarter, up from 17.12 per cent in same period last year.

Shares of UCO Bank were down 4.19 per cent at Rs 18.30 on BSE at around 11 am (IST). The scrip opened at Rs 18.70 and touched a high and low of Rs 18.70 and Rs 18.05, respectively, in trade so far. Benchmark BSE Sensex was up 68 points, or 0.19 per cent, at 35,604 at around the same time.

UCO Bank's return on assets deteriorated further to (-)3.69 per cent at the end of March quarter as against (-) 1.07 per cent in the year-ago period.

The lender's board also approved its capital raising plan up to Rs 3,000 crore in 2018-19.