Union Bank of India — Investor Meet, 21-07-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Union Bank of India achieved its highest-ever profit and Net Interest Income (NII) crossing ₹10,000 Cr for the quarter. NIM improved to 2.80%, driven by an 18 bps reduction in deposit costs. The bank maintains a robust 18.46% capital adequacy and LCR of 121%. Management targets industry-plus credit growth, with specific aims for >18-20% in Retail, Agri, and MSME sectors, backed by over ₹1,00,000 Cr corporate pipeline. Focus remains on CASA/RTD growth, with ₹20,000 Cr FCNR mobilization eyed by September. Proactive asset quality management is underway, supported by ₹800 Cr in additional ECL provisions. The sentiment points to confident, sustainable profitability.