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Union Bank of India jumps 8% to multi-year high as Q3 net profit rises

The counter rose as much as 8.13 per cent to ₹180, the highest level since November 17, 2017 so far on the National Stock Exchange (NSE)

Union Bank of India  share price jumped to the highest level since July 17, 2017

Union Bank of India share price jumped to the highest level since July 17, 2017 on Wednesday

SI Reporter Mumbai

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Union Bank of India share price today: Union Bank of India share price jumped over 8 per cent to a multi-year high in Wednesday’s session. The counter rose as much as 8.13 per cent to ₹180, the highest level since November 17, 2017 on the National Stock Exchange (NSE).
 
In the last 12 months, Union Bank of India share price has surged 72 per cent, compared to 10.86 per cent advance in the Nifty 50 index. 
 
Union Bank of India saw 64.4 million shares change hands on the National Stock Exchange (NSE), so far, today. 
 
The counter was trading 6.78 per higher at ₹177.47 as of 2:13 PM, as compared to 0.34 per cent decline in the Nifty 50 index.  
 
 
Why did Union Bank of India share price rise today?
 
Union Bank of India share price advanced after the lender reported its earnings for the December 2025 quarter (Q3FY26). Its net profit advanced 8.97 per cent on year to ₹5,017 crore from ₹4,062 crore in the corresponding period of the previous financial year. 
 
The net interest income (NII) rose 0.95 per cent on year to ₹9,328 crore in the third quarter of the current financial year from ₹9,240 crore, Union Bank of India said in the exchange filing on Wednesday.
 
Meanwhile, the net interest margin (NIM) fell 15 basis points to 2.76 per cent from 2.91 per cent a year ago. 
 
The gross non-performing asset (GNPA), however, improved 79 basis points to 3.06 per cent in the December quarter (Q3FY26). The net non-performing asset (NPA) fell by 31 basis points to 0.51 per cent, according to the exchange filing.
 
The slippage ratio was at 0.89 per cent in the third quarter of the current financial year (Q3FY26), compared to 1.47 per cent in the corresponding period of the preceding financial year. 
 
Union Bank of India’s domestic and global deposits increased 3.35 per cent and 3.36 per cent, respectively, during the quarter.   Through digital platforms, the Union Bank of India generated over ₹25,200 crore worth of business. The lender reviewed and renewed 8.69 lakh accounts in the December quarter (Q3FY26). Around 29,758 users registered on the Central Bank Digital Currency (CBDC) platform through its digital channels, the lender said.  

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First Published: Jan 14 2026 | 2:37 PM IST

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