Union Bank of India, for the second quarter ended September 30, 2026, reported 30% year-on-year (YoY) growth in standalone net profit at ₹5,537 crore.Provisions for Non Performing Assets (NPA) grew 13% yoY to Rs 5,960 crore.
Interest income of the Bank stood at Rs. 28,158 crore as compared with ₹26,191 crore a year ago, up 7.51%.
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Total business of the Bank increased by 12.01% YoY, wherein gross advances increased by 18.53% YoY & total deposit grew by 6.87% YoY.
Global deposits increased by 6.87% YoY. The bank now has a total deposit base of ₹13,19,455 crores as on September 30, 2026.
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In case of advances, the Retail, Agri and MSME (RAM) segment of the Bank increased by 14.65% YoY, within which 11.24% growth was seen in Retail and 22.39% growth in MSME on YoY basis. RAM advances as a percentage of domestic advances stood at 57.47%, the bank said.
The Bank’s Gross NPA was reduced by 13% to ₹27,916 crore, and Net NPA was also reduced by 8% on a YoY basis to ₹4,768 crore.
Published - October 19, 2026 08:21 pm IST