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Union Bank Q1 Results: Profit rises over 27% to Rs 5,641 crore
Union Bank of India achieved a remarkable 27.5% surge in its net profit for the June quarter. The bank experienced a subtle rise in net interest income, alongside a slight enhancement in margins. Additionally, the bank attracted deposits from overseas locations like Australia and the UAE through a specialized RBI window. Both global and domestic deposits increased, with a significant growth in low-cost CASA deposits as well.
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timesofindia.indiatimes.com
Union Bank of India net profit rises 30% to Rs 5332 crore
MUMBAI: Union Bank of India on Wednesday reported a 29.5% rise in net profit for the June quarter to Rs 5,332 crore, helped by higher net interest income, growth in fee income and…
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economictimes.indiatimes.com
Union Bank Q1 Results: Profit rises over 27% to Rs 5,641 crore
Union Bank of India achieved a remarkable 27.5% surge in its net profit for the June quarter. The bank experienced a subtle rise in net interest income, alongside a slight…
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thehindubusinessline.com
Union Bank of India Q1FY27 net profit up 30% at ₹5,332 crore
Union Bank of India reports 30% rise in Q1FY27 net profit, targeting $1.5-2 billion in fresh foreign deposits.