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Union Bank of India is engaged in the Business of Banking Services, Government Business ,Merchant Banking, Agency Business Insurance, Mutual Funds, Wealth Management etc.
Union Bank of India, India’s 5th largest PSB, showed strong Q1 FY27 results. **Business & Strategy:** Total advances hit 10.95 lakh Cr, deposits 12.83 lakh Cr. RAM segments (Retail, Agri, MSME) are key, comprising 6.07 lakh Cr (55.5%) of advances. Digital transformation is a core driver, with over 90% transactions...
Union Bank of India delivered strong Q1 FY27 results! Net Profit soared 29.54% YoY to ₹5,332 Cr, with Operating Profit up 15.83% YoY to ₹8,003 Cr. Net Interest Income (NII) hit ₹10,037 Cr, a 10.14% YoY jump. The bank saw healthy overall advances growth of 12.50% YoY, with RAM (Retail,...
Union Bank of India delivered strong Q4 FY26 results: Net Profit rose 6.64% YoY to ₹5,316 Cr, with full-year Net Profit climbing 3.95% to ₹18,697 Cr. Global Advances grew 9.74% YoY, powered by a 12.56% surge in RAM (Retail, Agriculture, MSME) advances, reaching ₹5,98,484 Cr. Asset quality improved significantly, with...
Union Bank of India posted strong Q3 FY26 results with Net Profit reaching ₹5,017 Cr, an 8.97% YoY increase. Advances grew 7.13% YoY, significantly boosted by an 11.50% jump in RAM (Retail, Agriculture, MSME) loans. Deposits rose 3.36% YoY, and the Domestic CASA ratio improved to 33.96%. Net Interest Income...
Union Bank of India delivered mixed financial results for the quarter and half-year. While Net Profit for the quarter was ₹4,249 Cr (-9.97% YoY) and Operating Profit was ₹6,814 Cr (-16.01% YoY), asset quality showed significant improvement. Gross NPA fell to 3.29% (-107 bps YoY) and Net NPA to 0.55%...