Click it and Unblock the Notifications
Union Bank of India reported a net profit of Rs 518.78 crores for the quarter ending June 30, 2015, as against Rs 443.77 reported in the previous quarter.
The asset quality both at the gross and the net level of the bank worsened. The gross non performing assets were placed at 5.53 per cent of loans against 4.96 per cent in the previous quarter. The net non performing assets were placed at 3.08 per cent from 2.71 per cent in the previous quarter.
Asset quality worries continue to weigh down public sector banks which have been grappling with non performing assets. Another PSU bank, Punjab National Bank which also reported numbers managed to see a slight improvement in asset quality.
The shares of Union Bank of India were trading flat at Rs 154, following the results.
GoodReturns.in
More From GoodReturns
New PAN Card Rules From April 1, 2026: How To Apply For New PAN Card Via Protean, E-Filing Portal?
LPG Gas Cylinder Prices Hiked Again From April 1; 19 KG LPG Gets Costlier By Rs 218; 14.2 KG LPG Unchanged
Gold Rate in India Rises Over Rs 37,000/24K in Three Days; Will Jump in Gold Price Today Continue on 31 March?
Gold Rate in India Rebounds After Falling Nearly Rs 40,000 In a Day; Will Gold Price Today Jump or Drop?
Gold Price Today Declines After 3-Day Surge; Check Latest 22K, 24K, 18K Gold & Silver Rates in Delhi on 2April
Bank Holiday In April 2026: Banks To Be Closed For 14 Days; Good Friday, Baisakhi To Akshaya Tritiya
Hyderabad Gold Rates Today Crash By Rs 40,000 After 6 Days, Silver Rate Falls By Rs 10,000: 24K, 22K, 18k Gold
Fresh Drop in Gold Rate Today; Silver Stable: Latest 22K, 24K, 18K Gold & Silver Prices in Delhi on 30 March
Govt Approves PDS Kerosene Distribution in 21 States for 60 Days, Sets 5,000 L Storage Limit Amid LPG Crisis
Bank Holiday Today, Tomorrow & More: Banks Are Closed On March 31, April 1, April 2, April 3; Here's Why
Gold Rate in India After 20% Slide from Record Highs; Will Gold Price Today Jump to Rs 1.50 Lakh on 30 March?
Sign in with Google