Union Bank of India shares business update of financial performance as of 30th June

Public sector lender, Union Bank of India has disclosed the recent financial performance update of the bank as of 30th June, 2025 of Q1FY26. The total business of the bank has increased by 5.01% at Rs 22.14 lakh crore as compared to Rs 21.08 lakh crore in the same period of FY 25. The total deposits of the bank are marginally increased by 3.63% at Rs 12.39 lakh crore as of 30th June in the first quarter of FY26.

The Global Gross Advances grew by 6.83% at Rs 9.74 lakh crore as of 30th June of Q1FY26 as compared to Rs 9.12 lakh crore in the same period of FY 25. Meanwhile, the Domestic Advances of the bank is standing at Rs 9.38 lakh crore. In a significant achievement the Domestic RAM and Domestic Retail Advances are surged by 10.31% and 25.60% respectively.

The bank has stated that the above information is provisional and is being released before the declaration of the financial results for the quarter ended June 30, 2025, which is subject to Limited Review by the Statutory Central Auditors and other necessary approvals of the Bank.

Currently, the shares of Union Bank of India are trading down by 3.93% at Rs 144.34 at BSE. In the past five consecutive days of trading session, the stock has been plunged by over -5.38%.