VERIFIEDET Stocks·3 Jul 2026negative

Union Bank of India shares drop 5% post Q1 business update, global business decline marginally on quarterly basis

AI Summary

·Union Bank of India shares fell 5% after its Q1 business update.
·Global business grew 7.46% year-over-year but declined marginally on a quarterly basis.
·Gross advances increased by 12.50% year-over-year, while deposit growth was slower.