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  • United Bank of India Q3 net jumps over 3-fold to Rs 61 cr Feb 07, 2017 07:32 PM IST

    United Bank of India Q3 net jumps over 3-fold to Rs 61 cr

    State-owned United Bank's net profit jumped over three-fold to Rs 64.10 crore during the third quarter ended December 31, 2016.

  • Expect Rs 650-700 cr recoveries in Q3: United Bank of India Nov 07, 2016 03:19 PM IST

    Expect Rs 650-700 cr recoveries in Q3: United Bank of India

    Discussing the second quarter numbers in details, Managing Director Pawan Kumar Bajaj of United Bank of India said the quarter gone by saw improvement in recoveries and expect them to improve further in quarters ahead.

  • NPA recovery picking up; a/cs to be upgraded in Q4: UBI Feb 10, 2015 03:22 PM IST

    NPA recovery picking up; a/cs to be upgraded in Q4: UBI

    The bank had slippages of around Rs 1,600 crore versus Rs 786 crore (QoQ) and the fresh restructuring was at Rs 650 crore in Q3. Around Rs 530 crore from restructured account slipped into NPA in Q3.

  • Seen more recoveries than slippages in Q2: United Bank Nov 07, 2014 04:36 PM IST

    Seen more recoveries than slippages in Q2: United Bank

    The bank reported a profit of Rs 43.8 crore profit in Q2 as against Rs 489.47 crore loss in the same period last year.

  • United Bank reports worst Q3 numbers within banking space Feb 10, 2014 08:05 PM IST

    United Bank reports worst Q3 numbers within banking space

    United Bank reports worst Q3 numbers within banking space

  • Worst is over, hope to break even by Q4: United Bank Nov 11, 2013 01:56 PM IST

    Worst is over, hope to break even by Q4: United Bank

    According to Archana Bhargava, the bank suffered loss for the quarter ended September due to corrective action taken in order to bring down the NPAs from past years. But now most of the NPAs have now been removed and the bank is hopeful of recoveries to the tune of Rs 600 crore in the coming quarters.

  • Expect higher restructuring in next quarter: United Bank Aug 13, 2013 12:58 PM IST

    Expect higher restructuring in next quarter: United Bank

    United Bank of India reported net profit of Rs 44.7 crore in Q1FY14 against Rs 174 crore year on year. The bank would focus more on recoveries going ahead and has restructured accounts worth Rs 4,718 crore, says CMD Archana Bhargava.

  • Angel Q1FY14 Preview: Subdued revenues to weigh on earnings Jul 05, 2013 05:40 PM IST

    Angel Q1FY14 Preview: Subdued revenues to weigh on earnings

    Angel Broking expect the Sensex as well as their coverage companies to report a muted revenue performance. The research firm expects Sensex companies to report a 2.4% yoy growth in revenues. For their coverage universe, they expect growth in revenues to come in at 4.1% yoy.

  • Slippages will be less in Q1, FY14: United Bank CMD May 14, 2013 05:11 PM IST

    Slippages will be less in Q1, FY14: United Bank CMD

    United Bank of India put up a poor show in its Q4 earnings. Thanks to the rise in bad loans. However, the bank CMD Archana Bhargava is confident of bringing stress assets down in the coming quarters.

  • Private banks to post 23% PAT growth in Q4FY13: Angel Apr 11, 2013 06:41 PM IST

    Private banks to post 23% PAT growth in Q4FY13: Angel

    Angel Broking has come with its March`13 quarterly earning estimates for banking sector. The research firm expects private banks to report healthy earnings growth of 23.0 percent yoy, however, the PSU banks with expected earnings decline of 13.1 percent yoy, would drag the overall earnings performance (de-growth of 3.2 percent yoy).

  • Provisioning, low rate growth hits net; NIM up at 2.7%: UBI Feb 07, 2013 12:03 PM IST

    Provisioning, low rate growth hits net; NIM up at 2.7%: UBI

    Deepak Narang, ED, United Bank of India explains on CNBC-TV18, after the announcement of results, that the bank's net profit was affected by increased provisioning for Kingfisher Airlines this quarter followed by provisions for transport, IT, iron and steel. He expects a pick-up in recoveries going forward.

  • Angel expects Yes Bank, Axis Bank, ICICI Bank to outperform Jan 09, 2013 02:19 PM IST

    Angel expects Yes Bank, Axis Bank, ICICI Bank to outperform

    Angel Broking has come with its December`12 quarterly earning estimates for banking sector. The research firm continues to prefer private banks, given their stronger capital adequacy and growth prospects as well as cyclically better asset quality profile, with Yes Bank, Axis Bank and ICICI Bank being top picks.

  • PSU banks' NII likely to grow by 9.5% in Q2: Emkay Oct 13, 2012 11:57 AM IST

    PSU banks' NII likely to grow by 9.5% in Q2: Emkay

    Emkay Global Financial Services has come with its September quarterly earning estimates for Banking and Financial Services sector. According to the research firm, top picks for the quarterly results - HDFC Bank, ICICI Bank and United bank in banking space. Mahindra Finance and CRISIL are our top picks in NBFC space.

  • Banking sector results preview for Q2FY13: Angel Broking Oct 09, 2012 12:58 PM IST

    Banking sector results preview for Q2FY13: Angel Broking

    Angel Broking has come with its September`12 quarterly earning estimates for banking sector. According to the research firm banking stocks remained under stress on increased asset quality concerns.

  • Banks margins to come under pressure in 1HFY2013: Angel Jul 09, 2012 06:36 PM IST

    Banks margins to come under pressure in 1HFY2013: Angel

    Angel Broking has come out with its June quarterly earning estimates for banking sector. The research firm expects margins to come under pressure in 1HFY2013.

  • Banks treasury gains to remain healthy at 24% growth: Emkay Jul 07, 2012 02:44 PM IST

    Banks treasury gains to remain healthy at 24% growth: Emkay

    Emkay Global Financial Services has come with its June quarterly earning estimates for Banking and Financial Services sector. According to the research firm, lower NII growth is expected to be driven by sluggish advance growth and 5-15 bps contraction in NIMs led by decline in yield on assets and cost pressures.

  • Banking sector results preview for Q4FY12: Angel Broking Apr 05, 2012 04:30 PM IST

    Banking sector results preview for Q4FY12: Angel Broking

    Angel Broking has come with its March quarterly earning estimates for banking sector.

  • Banking sector results preview for Q3FY12: Angel Broking Jan 09, 2012 12:10 PM IST

    Banking sector results preview for Q3FY12: Angel Broking

    Angel Broking has come with its quarterly earning estimates for banking sector.

  • Steps taken to ensure gross NPA won't cross 3%: United Bank Aug 01, 2011 02:47 PM IST

    Steps taken to ensure gross NPA won't cross 3%: United Bank

    Bhaskar Sen, the chairman and managing director of United Bank of India talks about his banks first quarter results on CNBC-TV18. He also elaborates on the banks future plans and where he sees it headed in the coming year.

  • United Bank Mar qtr PAT seen up at Rs 153.5 cr: Emkay Apr 12, 2011 03:38 PM IST

    United Bank Mar qtr PAT seen up at Rs 153.5 cr: Emkay

    Emkay Global Financial Services has come out with its earning estimates on banking sector for the quarter ended March 2011. According to the research firm, United Bank of India March quarter net interest income (NII) are expected to go up by 32.8% at Rs 560.2 crore, year-on-year, (YoY) basis.

  • United Bank Mar qtr PAT seen up at Rs 189.6 cr: UNICON Apr 06, 2011 03:07 PM IST

    United Bank Mar qtr PAT seen up at Rs 189.6 cr: UNICON

    Unicon Investment has come out with its earning estimates on banking sector for the quarter ended March 2011. According to the research firm, United Bank of India March quarter net interest income (NII) are expected to go up by 47.1% at Rs 620.8 crore, year-on-year, (YoY) basis.

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