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Union Bank News

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.