ALFA Filings
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Union Bank of India reported a Net Profit of Rs. 5,332 Crore for Q1FY27. Total business reached Rs. 23,79,697 Crore with a 7.46% year-on-year growth.
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 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.