Union Bank of India Reports 11.87% YoY Increase in Net Profit for Q1FY26

The Board of Directors of Union Bank of India approved the accounts for the quarter ended on June 30, 2025. Key highlights include a 11.87% YoY increase in net profit, 3.53% YoY growth in interest income, and a 5.01% YoY rise in total business. Gross advances increased by 6.83% YoY, and total deposits grew by 3.63% YoY, resulting in a total business of Rs. 22,14,422 Crores. The bank's Global deposits have increased by 3.63% YoY, and the RAM segment grew by 10.34% YoY. Gross NPA (%) reduced by 102 bps on YoY basis, and net NPA (%) reduced by 28 bps. CRAR improved from 17.02% to 18.30%, and CET-1 ratio improved from 13.81% to 15.30%. The bank's Return on Assets and Return on Equity stands at 1.11% and 15.15%, respectively.