Its net profit jumped 82.5% year-on-year to ₹2,626 crore, up from ₹1,439 crore a year ago.
Read MoreIts net profit jumped 82.5% year-on-year to ₹2,626 crore, up from ₹1,439 crore a year ago.
The bank’s net interest income also grew, climbing 13% year-on-year to reach ₹3,123 crore.
The changes in MCLR may benefit borrowers with loans linked to MCLR. They may be eligible for lower rates of interest on home loans.
RBI noticed that Union Bank did not transfer the eligible unclaimed amounts to the DEAF within the prescribed time, violating the rules in force.
The issue may be done through public offers or private placements. This subject to market conditions, and regulatory approvals, stated the public lender.
The business reported a Net Interest Income (NII) registered a growth of 1.5% to ₹42,774 Crore versus ₹41,655 Crore in Q4FY24.
India’s total engineering exports for May 2025 saw a marginal decline of 0.82%, landing at $9.89 billion for the month.
Bharti Airtel, HDFC Life, Grasim hits 52-week high in Nifty.
At close, the Sensex was up 1,000.36 points at 83,755.87. The Nifty was up 304.25 points at 25,549.
Here are some of the stocks that may see significant price movement today: Hitachi Energy India, NTPC, HCL Technologies, etc.
India’s total engineering exports for May 2025 saw a marginal decline of 0.82%, landing at $9.89 billion for the month.
Bharti Airtel, HDFC Life, Grasim hits 52-week high in Nifty.
At close, the Sensex was up 1,000.36 points at 83,755.87. The Nifty was up 304.25 points at 25,549.
Here are some of the stocks that may see significant price movement today: Hitachi Energy India, NTPC, HCL Technologies, etc.
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