Page 10 - Union Bank Of India

Union Bank of India Q4 net rises 12.5% on Rs 420-cr tax write-back

However, its asset quality worsened leading to an over 50% spike in provisions

Union Bank of India tanks 5% as gross NPAs surge in Q3

The public sector bank's gross non-performing assets rose to 11.70% in the December quarter

Union Bank eyes Rs 1,200- cr recovery from small-size NPAs

Union Bank aims to recover Rs 1,200 cr of small-size loans and bring down its total of gross NPAs to 8.75-9% by next March

Union Bank of India falls on asset quality concerns

The stock was down 5% lower at Rs 130 after the bank's gross NPAs increased to 10.16% in Q1 from 5.53% in the year-ago period.

Union Bank of India shares tumble after Q1 profit fall

Gross bad loans as a percentage of total loans rose to 10.16 per cent as of end-June from 8.7 per cent at end-March

UBI Q1 profit falls 68% to Rs 167 cr on high provisioning

Bank had reported a profit after tax of Rs 519 crore in the same period last year

Union Bank foils cyber attack in USD Nostro a/c, no loss

The bank said that a cyber security forensic audit has been initiated to identify, plug any gaps & strengthen the system