Union Bank of India Q2 net dips 71%

Union Bank of India today reported a 70.99% decline in net profit at
Rs 61.10 crore for the second quarter ended September 30, 2005 as against Rs 210.68 crore in the quarter ended September 30, 2004.

According to a release issued by Union Bank of India to the BSE today, total income increased 15.22% to Rs 1,560.44 crore in Q2FY06 from
Rs 1,354.20 crore in Q2FY05.