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    ALPHA TRIBE

    Union Bank of India — Updates, 15-07-2026: General Updates

    15-07-2026 | 12:21 pm

    Union Bank reported strong Q1 results with consolidated Net Profit of 564.15 Cr. Asset quality improved significantly, with Gross NPAs at 2.65% and Net NPAs at 0.47%. The bank redeemed ₹850 Cr in Tier-II bonds and bolstered reserves with a ₹21,701.40 Cr IFR transfer.

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