Dividend Stocks: LIC, Hero MotoCorp, Union Bank, Zydus, others to trade ex-dividend next week; check full list

 19 Jul 2025 09:06 PM

Dividend Stocks: Companies such as LIC, Hero MotoCorp, Union Bank of India and Zydus Lifesciences will trade ex-dividend from July 21 to 25, according to BSE.

Union Bank of India Q1 Results: PAT rises 12% to Rs 4,116 crore

 19 Jul 2025 03:57 PM

Union Bank of India reported a 12% increase in net profit, reaching Rs 4,116 crore in the first quarter of this fiscal year, driven by improved interest earned and asset quality. Gross NPAs decreased to 3.52%, and net NPAs fell to 0.62%, boosting the bank's financial health. The bank's total business expanded by 5% to Rs 22,14,422 crore.

MTNL defaults on ₹8,585 crore principal and interest dues to 7 PSU banks as of June 2025

 15 Jul 2025 02:50 PM

Telecom operator MTNL has defaulted on payments of ₹8,585 crore to several public sector banks, including Union Bank of India and Bank of India. The defaults, spanning from August 2024 to February 2025, include overdue principal of ₹7,794.34 crore and unpaid interest of ₹790.59 crore.

Union Bank of India: Value investors may still find appeal despite slacking growth

 10 Jul 2025 12:34 PM

Notwithstanding the soft June quarter update, Union Bank of India, like other top PSU banks, remains a deep value stock.

Top Gainers and Losers on July 09: Union Bank of India, Hindustan Copper, Vedanta, Siemens, GAIL among top losers

 09 Jul 2025 03:36 PM

The Nifty 50 ended the session with a decline of 0.18% at 25,476 points, while the S&P BSE Sensex fell 0.16% to 83,538 points. The broader markets, however, closed mixed, with the Nifty Midcap slipping 0.12%, while the Nifty Smallcap 100 index ended the session with a gain of 0.6%.

Union Bank of India share price crashes 6% after Q1 business update

 09 Jul 2025 09:50 AM

Union Bank of India's shares dropped 6% to ₹141.54 on July 09, after a Q1FY26 update revealed a QoQ decline in deposits and loan growth. Gross advances fell 0.85% QoQ, while deposits decreased 2.54% QoQ, though both showed YoY improvements.

Union Bank Of India: Reports 25.6% Yearly Growth In Domestic Retail Advances, While Domestic Deposits Increased By 3.62% Yearly. 📈🏦

 08 Jul 2025 07:41 PM

Union Bank Of India: Reports 25.6% Yearly Growth In Domestic Retail Advances, While Domestic Deposits Increased By 3.62% Yearly. 📈🏦

Union Bank Of India: Approves Capital Plan To Raise Up To ₹60 Billion, Including Basel III Compliant AT1 Bonds Up To ₹20 Billion And Tier 2 Bonds Up To ₹10 Billion, While Also Aiming To Raise Equity Capital Of ₹30 Billion. 💰🏦

 25 Jun 2025 05:28 PM

Union Bank Of India: Approves Capital Plan To Raise Up To ₹60 Billion, Including Basel III Compliant AT1 Bonds Up To ₹20 Billion And Tier 2 Bonds Up To ₹10 Billion, While Also Aiming To Raise Equity Capital Of ₹30 Billion. 💰🏦

Govt demotes Union Bank of India ED Pankaj Dwivedi to general manager

 24 Jun 2025 10:21 PM

The government has demoted Pankaj Dwivedi from Executive Director of Union Bank of India to General Manager, reversing his March 2024 appointment. This decision follows a pending case in the Delhi High Court questioning the appointment's validity due to the absence of vigilance clearance. A public interest litigation challenged Dwivedi's appointment, prompting the court to issue notices to relevant authorities.

Private banks increased market share in total deposits while PSBs loses 600 bps over 5 years: UBI Report

 23 Jun 2025 01:52 PM

Private banks in India have been steadily increasing their share in total bank deposits over the last five years, while public sector banks (PSBs) have witnessed a decline, according to data shared by Union Bank of India.