Union Bank of India: Advances Grow 12.50% YoY to ₹10.96 Lakh Cr

Union Bank of India has reported provisional business updates for the quarter ended June 30, 2026. Total Gross Advances saw a year-on-year growth of 12.50%, reaching ₹10,96,331 Crore. Domestic Advances grew by 13.11% YoY to ₹10,61,128 Crore, while RAM Advances (Domestic) increased by 11.56% YoY. Total Deposits grew by 3.50% YoY to ₹12,83,365 Crore. Domestic CASA Deposits also showed strong growth, up 11.72% YoY to ₹4,50,220 Crore. The bank's Domestic CASA percentage improved by 259 basis points to 35.10%. The Domestic C/D Ratio (Excluding Bank Deposits) stood at 83.38%, an increase of 714 basis points YoY.