Union Bank of India — Updates, 08-05-2025: Press Release

Union Bank of India has announced a board meeting on the financial results for the quarter and half-year. FY25 highlights include a 31.79% YoY rise in net profit and 23.21% growth in non-interest income. Total business grew 7.82% to ₹22.92 lakh Cr, supported by 8.62% advance growth and 7.22% deposit increase. Retail loans jumped 22.14%, MSME loans rose 12.50%, with RAM advances making up 56.2% of domestic loans. Asset quality improved as gross NPA declined to 3.60%. Capital ratios and profitability ratios (RoA 1.26%, RoE 17.20%) also strengthened.