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UNION BANK OF INDIA - 532477 - Announcement under Regulation 30 (LODR)-Change in Management

Union Bank of India has informed the exchange regarding change in Chief Compliance Officer (CCO) of the Bank.
01-11-2023
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UNION BANK OF INDIA - 532477 - Disclosures Pertaining To Analysts/Investors Meet/Call.

Union Bank of India has informed the exchange that Bank will be participating in Summit hosted by Anand Rathi Institutional Equities to be held on 06.11.2023 at Mumbai.
31-10-2023
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UNION BANK OF INDIA - 532477 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Submission of Newspaper Advertisement-Unaudited Reviewed Financial Results (Standalone and Consolidated) for the Quarter and Half year ended on September 30,2023.
30-10-2023
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UNION BANK OF INDIA - 532477 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Union Bank of India has informed the exchange regarding Loss of Share Certificate.
30-10-2023
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Q2FY24 Quarterly Result Announced for Union Bank of India

Union Bank of India announced Q2FY24 results: 1. Financial Performance: - Net profit of Union Bank of India increased by 90% to Rs 3,511 crore on a YoY basis during Q2FY24. - Net interest income of the Bank grew by 9.89% to Rs 9,126 crore in Q2FY24. 2. Business Growth: - Total business of the bank increased by 9.24% on a YoY basis. - Gross advances increased by 9.50% YoY. - Total deposits grew by 9.04% YoY. 3. Asset Quality: - Gross Non-Performing Assets (NPA) decreased by 207 basis points to 6.38%. - Net NPA decreased by 134 basis points to 1.30% as of September 30, 2023. 4. Retail, Agri, and MSME (RAM) Segment: - The RAM segment of the Bank increased by 14.62% YoY. - Growth in retail, agriculture, and MSME advances achieved YoY were 14.68%, 15.04%, and 14.03% respectively. 5. Capital Ratios: - Capital to Risk (Weighted) Assets Ratio (CRAR) improved from 14.50% as of September 30, 2022, to 16.69% as of September 30, 2023. - The Common Equity Tier 1 (CET-1) ratio improved to 13.05% as of September 30, 2023, from 10.67% as of September 30, 2022. Result PDF
30-10-2023

Union Bank loses early gains on profit-booking after 90% surge in Q2 net

For the quarter, Union Bank of India also saw it asset quality improve during the quarter, as gross NPAs fell to 6.38 percent, a 96 basis points decline.
30-10-2023
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Union Bank of India plans 2,000 cr QIP by Dec-end

The UBoI's CEO, A Manimekhalai, also highlighted plans for additional fund-raising through bond issuances to support its corporate loan sanctions pipeline.
28-10-2023
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UNION BANK OF INDIA - 532477 - Audio Recording Of Post Earnings Call

Audio Recording of Post Earnings Call of the Bank for the quarter and half year ended September 30, 2023.
28-10-2023
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