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Union Bank of India announces Q4 business update; shares tank 7%

Business Standard LogoBusiness Standard2d ago

Union Bank of India announces Q4 business update; shares tank 7% - Business Standard

Quick Summary:

Union Bank of India reported a 7.82 per cent increase in its total global business to ₹22.92 trillion for the March 2025 quarter compared to ₹21.

Total global deposits increased 7.66 per cent from ₹12.16 per cent in Q3 FY25.

Its net profit stood at ₹4,603.63 crore in December quarter, 28 per cent up from ₹3,589.91 crore in the corresponding quarter of previous fiscal.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 15:07:56 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 467 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27580860

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 135 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://chronographically.beamstart.com/news/union-bank-of-india-announces-17437601197609

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