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Union Bank of India reported revenue from operations of ₹27,427 Cr (+1.2% YoY) and net profit of ₹5,642 Cr (+27.4% YoY) for Q1 FY27.
Union Bank of India shareholders approved a Rs. 5 dividend at its 24th AGM. Key leadership appointments and capital raising plans were also sanctioned.
Union Bank of India confirmed the timely payment of Rs. 83.38 Crore annual interest on its bonds. The payment relates to an issue size of Rs. 1,150 Crores.
Union Bank of India will hold a board meeting on July 15, 2026. The board will consider unaudited financial results for the quarter ended June 30, 2026.
Union Bank reported provisional YoY growth in advances and deposits for Q1 FY27. Final audited results are pending statutory auditor review.
Union Bank of India reports that Executive Director Sanjay Rudra’s tenure ended on June 30 2026. He ceased to be a director effective July 1 2026.
Union Bank of India completed bond redemption of ₹90.85 Crore on June 24, 2026. This includes full payment of principal and coupon.
RBI imposed a ₹0.01 Crore penalty on Union Bank of India for inspection deficiencies. The bank has taken preventive measures to avoid recurrence.
Union Bank of India exercised its call option for the early redemption of ₹850 Crore bonds. Redemption and coupon payments are scheduled for June 24, 2026.
Union Bank of India scheduled its 24th AGM for July 10, 2026, via video conferencing. The record date for dividend participation is July 3, 2026.
Union Bank's board approved a ₹8,000 Crore capital raising plan. This includes ₹3,000 Crore in equity and ₹5,000 Crore via Basel III compliant bonds.
Union Bank of India scheduled a board meeting for May 26, 2026. Directors will discuss and approve a capital raising plan through equity and bonds.
Union Bank of India appointed Sowmya Sridhar as Chief Risk Officer for 39 months. She succeeds Ashwani Kumar Ramakrishna Choudhary following the completion of his tenure.
Union Bank of India appointed Smt. Sowmya Sridhar as Chief Risk Officer until August 2029. She succeeds Shri Ashwini Kumar Ramakrishna Chowdhary upon his tenure completion.
Union Bank of India appointed Debasish Prusty as Nominee Director, replacing Rohan Chand Thakur. This change brings extensive public finance and governance experience to the board.
Union Bank of India appointed Dr. Debasish Prusty as Government Nominee Director. He brings 26 years of public finance and sustainable development experience.
Union Bank invested ₹22.64 Crore in its joint venture ASREC (I) Ltd. This increases the Bank's stake from 26.02% to 27.30%, strengthening its position.
Union Bank of India submitted its annual disclosure for the centralized database of corporate bonds and debentures as of March 31, 2026. The report details 14 outstanding non-convertible securities with an aggregate listing value of ₹25,683 Crore. All instruments maintain high credit ratings, ranging from AA+ to AAA.
Union Bank of India has announced record dates for interest and redemption payments across 14 bond series totaling ₹17,933 Crore. The payments, scheduled between June 2026 and March 2027, cover various Basel III compliant AT1 and Tier II bonds. This disclosure ensures transparency for bondholders regarding upcoming cash flows and debt servicing.
Union Bank of India clarified that recent media reports regarding deposit variations contain factual inaccuracies and unverified information. The Bank affirmed its financial stability, noting that average total deposits for April 2026 reached ₹1,265,339 Crore, exceeding Q4 FY 2025-26 levels. The Bank confirmed no material impact on its financial position or operations.
Union Bank of India reported FY26 Net Profit of ₹18,697 crores and interest income of ₹1.06 lakh crores, focusing on RAM segment growth and shifting from bulk to retail deposits.
Union Bank of India reported a net profit of ₹18,697 Crore for FY26. The bank achieved a 5.78% YoY growth in total business, reaching ₹23,85,502 Crore. Asset quality improved with Gross NPA reducing to 2.82% and Net NPA to 0.48%. The Board recommended a dividend of ₹5.00 per equity share.
Union Bank reported Q4 FY26 Net Profit of ₹5,316 Cr (up from ₹4,985 Cr YoY) and Operating Profit of ₹7,955 Cr. Strategy focuses on 'Business First, Compliance Always' with RAM segment driving credit growth.
Union Bank of India reported its audited financial results for the quarter and year ended March 31, 2026. The Board recommended a dividend of ₹5 per equity share. The results include a 'NIL' statement of deviation in fund utilization and security cover for debt securities.
Union Bank of India reported an annual standalone Net Profit of ₹18,697.14 Crore for FY2025-26. The Board recommended a dividend of ₹5 per equity share (50%). Total standalone income for the year reached ₹1,25,427.02 Crore, while consolidated Net Profit stood at ₹19,430.20 Crore.
Union Bank of India reported an annual standalone Net Profit of ₹18,697.14 Crore for FY2025-26. The Board recommended a dividend of ₹5 per equity share (50%). Total standalone income for the year reached ₹1,25,427.02 Crore, while consolidated Net Profit stood at ₹19,430.20 Crore.
Union Bank of India has scheduled a Board Meeting on April 23, 2026. The board will consider audited standalone and consolidated financial results for the year ended March 31, 2026, and recommend a final dividend. Trading window for designated persons is closed until April 25, 2026.
Union Bank of India has scheduled a Board Meeting on April 23, 2026, to consider audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board will also consider recommending a dividend for FY 2025-26. Consequently, the trading window for bank securities remains closed until April 25, 2026.
Union Bank of India announced the cessation of Suraj Srivastava as a Non-Executive Independent Director, effective April 11, 2026. This leadership change marks the conclusion of his tenure on the bank's board.
Union Bank of India announced that Shri Suraj Srivastava, Part-time Non-Official Director, completed his one-year tenure on April 10, 2026. He ceased to be a Director of the Bank effective April 11, 2026.