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Union Bank of India - Company News

BSE   22 Jun 18 | 12:00 AM

85.75 -0.3 (-0.35%)
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Code: 532477
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NSE   22 Jun 18 | 12:00 AM

85.75 -0.25 (-0.29%)
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1 Week : Rs 94.20 (-8.97%)
1 Month : Rs 87.10 (-1.55%)
1 Year : Rs 146.65 (-41.53%)
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  • 11 Aug 17
    01:06 AM
    Public sector lender Union Bank of India’s net profit for the first quarter ended June 2017 (Q1FY18) dipped by 30.1 per cent to Rs 116 crore on a sharp rise in provisions for bad loans and taxes.
  • 09 May 17
    06:18 AM
    Close to Rs 420-crore in tax write-back helped the state-run Union Bank of India on Monday to report a 12.5 per cent increase in the net profit at Rs 108.22 crore for the March quarter as its asset quality worsened leading to an over 50 per cent spike in
  • 09 Aug 16
    12:35 AM
    Government-owned Union Bank of India (UBI) aims to recover Rs 1,200 crore of small-size loans it had made and bring down its total of gross non-performing assets (NPAs) to 8.75-9 per cent of the total by next March.
  • 08 Aug 16
    11:17 AM
    Union Bank of India was trading 5% lower at Rs 130 on the BSE as the bank's asset quality worsened in the April-June quarter (Q1FY17) with gross non-performing assets (NPAs) doubling to 10.16% from 5.53% in the year-ago period.
    10:00 AM
    Shares in Union Bank of India fell as much as 7.3 per cent on Monday in their biggest single-day fall in nearly seven months, after the state-run lender reported its first-quarter profit plunged 68 per cent on higher bad loans.
  • 15 May 16
    11:48 AM
    In pursuance to the directions of the Supreme Court, the Finance Ministry will soon set up a panel to look into the issue of mounting bad loans and come out with the steps to deal with the problem.
  • 14 May 16
    12:30 AM
    Weighed down by stressed assets and provisions, the bottom line of six public sector banks came under pressure in the fourth quarter (Q4) of FY16. Five of them, including Bank of Baroda (BoB), posted a net loss while Union Bank of India reported a fall in
  • 13 Apr 16
    10:06 AM
    Retail inflation, measured by the Consumer Price Index (CPI), also eased to a six-month low of 4.83% cent in March from 5.26% in February, according to data released by the Central Statistics Office (CSO) on Tuesday after market hours.
  • 11 Feb 16
    02:28 PM
    Public sector lender Union Bank of India posted 74.2% drop in net profit at Rs 78 crore for the third quarter ended December 2015 on fall in net interest income and rise in provisions for bad loans.
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