Union Bank of India — Investor Meet, 06-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Union Bank of India reported Q2 net profit of Rs. 4,249 Cr (up 3.25% QoQ) and H1 net profit of Rs. 8,365 Cr. Asset quality improved, with Gross NPA down to 3.29% and Net NPA to 0.55%, supported by a 95.13% PCR. The bank strategically reduced high-cost bulk deposits, growing retail and MSME lending by 23.98% and 14.88% respectively. Management targets 9-10% asset and liability growth, aiming to meet or exceed system growth. NIM is expected to stabilize and improve from Q3. The bank remains focused on sustainable, quality growth.