Union Bank of India — Important, 08-07-2025: General Updates

Union Bank of India’s total business rose 5.01% YoY, driven by a 10.31% increase in domestic risk asset management advances and a strong 25.60% growth in domestic retail advances. Global gross advances increased 6.83% YoY, though deposits dipped 2.54% QoQ. Domestic CASA deposits showed marginal growth of 0.92% YoY but declined 5.43% QoQ. Overall, the bank’s credit expansion is mainly retail-led, indicating focused growth in higher-yielding segments ahead of the financial results announcement.