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  • Festive season cheers| Union Bank of India cuts home loan rates to 6.40% Oct 26, 2021 09:05 PM IST

    Festive season cheers| Union Bank of India cuts home loan rates to 6.40%

    The new rates will be applicable to customers applying for new loans or those who wish to transfer their existing loans including balance transfers.

  • Rajneesh Karnatak takes over as Union Bank of India Executive Director Oct 22, 2021 11:22 AM IST

    Rajneesh Karnatak takes over as Union Bank of India Executive Director

    The former chief general manager of Punjab National Bank has over 27 years of experience in banking services.

  • Hot Stocks | 'Can bet on Bank of Baroda, Kotak Mahindra Bank and Union Bank for double-digit returns in 2-3 weeks' Oct 22, 2021 07:25 AM IST

    Hot Stocks | 'Can bet on Bank of Baroda, Kotak Mahindra Bank and Union Bank for double-digit returns in 2-3 weeks'

    Nifty is currently heading lower towards 18,000-17,900 and this zone will act as a key support. If this level is breached, the index can move even lower towards 17,600, said Karan Pai of GEPL Capital.

  • Union Bank of India Q2 Net Profit seen up 113.3% YoY to Rs. 1,102 cr: Motilal Oswal Oct 13, 2021 02:54 PM IST

    Union Bank of India Q2 Net Profit seen up 113.3% YoY to Rs. 1,102 cr: Motilal Oswal

    Net Interest Income (NII) is expected to increase by 13.4 percent Y-o-Y (up 1.7 percent Q-o-Q) to Rs. 7,135.1 crore, according to Motilal Oswal.

  • Union Bank Consolidated June 2021 Net Interest Income (NII) at Rs 7,151.75 crore, up  9.62% Y-o-Y Jul 29, 2021 10:44 PM IST

    Union Bank Consolidated June 2021 Net Interest Income (NII) at Rs 7,151.75 crore, up 9.62% Y-o-Y

  • Union Bank Standalone June 2021 Net Interest Income (NII) at Rs 7,013.45 crore, up  9.53% Y-o-Y Jul 29, 2021 10:44 PM IST

    Union Bank Standalone June 2021 Net Interest Income (NII) at Rs 7,013.45 crore, up 9.53% Y-o-Y

  • Union Bank of India Q1 results: Profit jumps 255% to Rs 1,181 crore despite elevated provisions Jul 29, 2021 04:29 PM IST

    Union Bank of India Q1 results: Profit jumps 255% to Rs 1,181 crore despite elevated provisions

    Union Bank of India Q1 results: Non-interest income in Q1FY22 shot up 98.4 percent to Rs 2,901 crore and pre-provision operating profit rose 31.4 percent to Rs 5,302.81 crore compared to year-ago period.

  • Union Bank of India Q1 Net Profit seen up 74.6% YoY to Rs. 580.8 cr: Emkay Research Jul 14, 2021 08:17 PM IST

    Union Bank of India Q1 Net Profit seen up 74.6% YoY to Rs. 580.8 cr: Emkay Research

    Net Interest Income (NII) is expected to decrease by 5.8 percent Y-o-Y (up 11.6 percent Q-o-Q) to Rs. 6,030.5 crore, according to Emkay Research.

  • Union Bank of India reports Q4 profit at Rs 1,330 crore Jun 07, 2021 10:18 PM IST

    Union Bank of India reports Q4 profit at Rs 1,330 crore

    Union Bank of India incurred a net loss of Rs 2,503.18 crore in the year-ago quarter.

  • Union Bank Consolidated March 2021 Net Interest Income (NII) at Rs 5,542.85 crore, up  89.22% Y-o-Y Jun 07, 2021 09:00 PM IST

    Union Bank Consolidated March 2021 Net Interest Income (NII) at Rs 5,542.85 crore, up 89.22% Y-o-Y

  • Union Bank Standalone March 2021 Net Interest Income (NII) at Rs 5,402.86 crore, up  87.72% Y-o-Y Jun 07, 2021 08:55 PM IST

    Union Bank Standalone March 2021 Net Interest Income (NII) at Rs 5,402.86 crore, up 87.72% Y-o-Y

  • One year of COVID-19 Pandemic: Resilient Indian brands record value growth despite lockdown Jun 02, 2021 07:32 AM IST

    One year of COVID-19 Pandemic: Resilient Indian brands record value growth despite lockdown

    Indian banks have bucked the global sector trend, recording a cumulative brand value growth of 8% year-on-year.

  • Union Bank Consolidated December 2020 Net Interest Income (NII) at Rs 6,714.49 crore, up  110.59% Y-o-Y Feb 02, 2021 09:44 AM IST

    Union Bank Consolidated December 2020 Net Interest Income (NII) at Rs 6,714.49 crore, up 110.59% Y-o-Y

  • Union Bank Standalone December 2020 Net Interest Income (NII) at Rs 6,589.50 crore, up  110.22% Y-o-Y Feb 02, 2021 09:11 AM IST

    Union Bank Standalone December 2020 Net Interest Income (NII) at Rs 6,589.50 crore, up 110.22% Y-o-Y

  • Union Bank Q3 standalone net profit drops 37% to Rs 727 crore Jan 29, 2021 10:08 PM IST

    Union Bank Q3 standalone net profit drops 37% to Rs 727 crore

    The bank's one-time restructuring book for COVID-19 related stress stood at Rs 16,725 crore.

  • Union Bank of India gets shareholders nod to raise up to Rs 6,800 crore Dec 30, 2020 06:54 PM IST

    Union Bank of India gets shareholders nod to raise up to Rs 6,800 crore

    During the Extraordinary General Meeting (EGM), the shareholders passed the special resolution with the requisite majority for raising capital through FPO (Follow-on Public Offering) /Rights or QIP (Qualified Institutional Placement) or preferential allotment, the bank said in a regulatory filing.

  • Union Bank of India to raise up to Rs 1,500 crore Dec 11, 2020 10:55 PM IST

    Union Bank of India to raise up to Rs 1,500 crore

    Perpetual bonds carry no maturity date and hence may be treated as equity, not as debt. The coupon on the bonds is fixed at 8.73 percent per annum.

  • Union Bank of India shares jump 5% on plans to issue bonds Nov 25, 2020 11:55 AM IST

    Union Bank of India shares jump 5% on plans to issue bonds

    The face value or the issue price of the bond is Rs 10 lakh per bond with a coupon rate of 7.18 percent per annum.

  • Union Bank of India net jumps 55% to Rs 517crore in Q2 Nov 06, 2020 08:55 PM IST

    Union Bank of India net jumps 55% to Rs 517crore in Q2

    The bank had posted a net profit of Rs 333 crore in the same quarter a year ago.

  • SBI, PNB, Union Bank, BoB, Bank of Maharashtra, IDBI Bank | Check out how much bad loans each bank has written off Sep 26, 2020 06:59 PM IST

    SBI, PNB, Union Bank, BoB, Bank of Maharashtra, IDBI Bank | Check out how much bad loans each bank has written off

    As shown in the cases of SBI, PNB, Union Bank, BoB, Bank of Maharashtra and IDBI Bank, most of the time, there is no or negligible recovery for the amounts written off

  • Union Bank of India reduces MCLR by 5 bps across tenors from September 11 Sep 10, 2020 09:02 PM IST

    Union Bank of India reduces MCLR by 5 bps across tenors from September 11

    The lender's one-year MCLR has been revised to 7.20 percent from 7.25 percent, it said in a statement.

  • Analysis | COVID test continues for Union Bank; moratorium loan book remains high Aug 24, 2020 12:23 PM IST

    Analysis | COVID test continues for Union Bank; moratorium loan book remains high

    One relief for Union Bank will be the exit route for moratorium loans given by the RBI in the form of a corporate loan restructuring scheme. The shock will be less.

  • Union Bank of India shares rise 5% after Q1 profit jumps to Rs 332 crore Aug 24, 2020 09:42 AM IST

    Union Bank of India shares rise 5% after Q1 profit jumps to Rs 332 crore

    The PSU lender on August 21 reported a profit of Rs 332.74 crore for the quarter-ended June

  • Union Bank posts Q1 profit of Rs 332.74 crore after merger, COVID-19 provisions at Rs 343.2 crore Aug 21, 2020 08:03 PM IST

    Union Bank posts Q1 profit of Rs 332.74 crore after merger, COVID-19 provisions at Rs 343.2 crore

    Net interest income during the quarter increased 154.2 percent YoY to Rs 6,403.2 crore

  • Union Bank of India reduces MCLR by up to 15bps across all tenors Aug 10, 2020 03:49 PM IST

    Union Bank of India reduces MCLR by up to 15bps across all tenors

    One-year MCLR now stands at 7.25 percent, down from 7.40 percent, the bank said in a regulatory filing.

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