VERIFIEDET Markets·15 Jul 2026positive

Union Bank Q1 Results: Profit rises over 27% to Rs 5,641 crore

AI Summary

·Union Bank of India reported a 27.5% increase in net profit for the June quarter, reaching Rs 5,641 crore.
·The bank saw a rise in net interest income and an improvement in margins.
·Union Bank attracted overseas deposits from Australia and the UAE via an RBI window, with growth in CASA deposits.