Union Bank of India (UBI) today reported a 15.39 per cent rise in its net profit at Rs 348.94 crore for the third quarter ended December 31, 2013.
     The PSU bank had a net profit of Rs 302.40 crore in the October-December quarter of 2012-13.
     Total income of the bank increased to Rs 8,230.17 crore during the quarter, from Rs 6,959.37 crore in the corresponding period a year ago.
     Shares of Union Bank were trading at Rs 105.40, up 1.54 per cent over the previous close on the BSE.


State-run Union Bank of India posted a 15.01% rise to Rs 348 crore for the third quarter ended December 31.<br />
<br />
The net interest income rose in the same period by 3.81% to Rs 1963 crore.<br />
<br />
The non interest income of the bank grew by 6.25% at Rs 680 crore.<br />
<br />
The gross NPA stood at 3.85% while the net figure was at 2.26%.<br />

Union Bank Q3 net up 15% at Rs 349 cr

Net interest income rose in the same period by 3.81% to Rs 1963 crore

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