Page 12 - Union Bank Of India

Union Bank posts consecutive quarterly net loss at Rs 25.6 billion

The loss comes on the back of higher slippage in asset quality, which for Q4 stood at Rs 100.4 billion

United Bank of India slips into red, posts Rs 211 cr Q1 loss on rising NPAs

Bank's bad loan proportion rose substantially as gross NPAs rose to 17%

Union Bank's Q1 net down 30% at Rs 116 cr

Union Bank stock closed 5% down at Rs 134 per share on the BSE

Union Bank of India Q1 net dives 30% at Rs 117 crore, bad loans rise

Net profit fell to Rs 117 crore for the three months ended June 30, from Rs 166 crore a year ago

Union Bank of India set to raise Rs 2,000 crore

The PSB stock closed 0.53% down at Rs 141.75 on the BSE

Union Bank of India Q4 net rises 12.5% on Rs 420-cr tax write-back

However, its asset quality worsened leading to an over 50% spike in provisions

Union Bank of India tanks 5% as gross NPAs surge in Q3

The public sector bank's gross non-performing assets rose to 11.70% in the December quarter

Union Bank eyes Rs 1,200- cr recovery from small-size NPAs

Union Bank aims to recover Rs 1,200 cr of small-size loans and bring down its total of gross NPAs to 8.75-9% by next March

Union Bank of India falls on asset quality concerns

The stock was down 5% lower at Rs 130 after the bank's gross NPAs increased to 10.16% in Q1 from 5.53% in the year-ago period.

Union Bank of India shares tumble after Q1 profit fall

Gross bad loans as a percentage of total loans rose to 10.16 per cent as of end-June from 8.7 per cent at end-March

UBI Q1 profit falls 68% to Rs 167 cr on high provisioning

Bank had reported a profit after tax of Rs 519 crore in the same period last year

Union Bank foils cyber attack in USD Nostro a/c, no loss

The bank said that a cyber security forensic audit has been initiated to identify, plug any gaps & strengthen the system