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Union Bank Reports a 12% Surge in Q1 Net Profit to Rs 4,116 Crore, Marking Significant Asset Quality Improvement

James Carter 20 Jul, 2025

Union Bank of India reports a 12% rise in Q1 FY26 net profit to Rs 4,116 crore, with improved asset quality and a decrease in bad loan provisions, showcasing strong financial healt...

Business

Union Bank Reports Stunning 50% Profit Jump in Q4, Warns of Future Margin Challenges Amid RBI Rate Cuts

Ryan Peterson 09 May, 2025

Union Bank of India reports a 50% surge in Q4 net profit to Rs 4,985 crore, driven by higher non-interest income and lower provisions. However, it warns of margin pressures from ex...

Business

Union Bank Investigates Irregularities in $1 Million Book Procurement Scandal

Jessica Bennett 07 May, 2025

Union Bank of India investigates irregularities in the Rs 7.25 crore procurement of books by former IMF executive KV Subramanian, leading to the suspension of a general manager.

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