Union Bank of India rises as domestic advances jump 7% YoY in Q3

Union Bank of India rose 1.05% to Rs 158.45 after the bank reported a 7.42% rise in domestic advances to Rs 9,80,643 crore as of 31 December 2025, as against Rs 9,42,273 crore posted as of 31 December 2025.

The banks domestic deposits increased 3.35% YoY to Rs 12,22,260 crore as of 31 December 2025 from Rs 11,82,622 crore a year earlier, while declining 0.96% QoQ from Rs 12,34,088 crore as of 30 September 2025.

Domestic CASA deposits were at Rs 4,15,001 crore during the quarter, registering a growth of 4.99% year on year (YoY) and 3.28% quarter on quarter (QoQ).

The banks total global business as of 31 December 2024 stood at Rs 21,65,632 crore, up 4.70% YoY and 0.24% QoQ.

Global gross advances gained 7.13% YoY and 4.27% QoQ to Rs 10,16,805 crore as of 31 December 2025.

Global deposits stood at Rs 12,22,856 crore during the period under review (up 3.36% YoY and down 0.95% QoQ).

Union Bank of India is engaged in the business of treasury operations, corporate and wholesale banking, retail banking operations, and other banking operations. The Government of India held a 74.76% stake in the bank.

The public lender's standalone net profit declined 10% to Rs 4,249.08 crore on a 1.2% drop in total income to Rs 31,646.06 crore in Q2 FY26 over Q2 FY25.

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