Union Bank of India net up 31% at Rs 361 cr

Union Bank of India has posted a net profit of Rs 361.4 crore for the quarter ended September 30, 2008, 31 per cent higher as compared to Rs 275.7 crore for the quarter ended September 30, 2007.

Total income has increased by 23.31 per cent from Rs 2525.6 crore for the previous year quarter to Rs 3114.5 crore for the quarter ending September 30, 2008.