Union Bank of India Q1 Results PAT rises 12% to Rs 4,116 crore
News Source : The Times of India
News Summary
- Union Bank of India reported a 12% increase in net profit, reaching Rs 4,116 crore in the first quarter of this fiscal year.
- Gross NPAs decreased to 3.52%, and net NPAs fell to 0.62%, boosting the bank's financial health.
- The bank's total business expanded by 5% to Rs 22,14,422 crore.
- Top Trending Stocks: SBI, Axis Bank, HDFC Bank, Infosys, Wipro, NTPC.
Stateowned Union Bank of India on Saturday reported a 12 per cent rise in net profit to Rs 4,116 crore during the first quarter of this financial year.The Mumbaibased lender had earned a net profit [+1695 chars]
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