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UNION BANK OF INDIA REPORT
City Union Bank shares rally 7% after Q2 net profit grows 27% YoY to Rs 416 CroreCity Union Bank shares rose sharply on Thursday after the lender reported a 27% year-on-year rise in Q2 FY27 net profit to Rs 416 crore. Ne...
Festive demand, capex to fuel India’s industrial growth in H2 FY27 despite risks: ReportFestive demand and sustained public capital expenditure are expected to support India's industrial activity in the second half of FY27, alt...
These 7 private and public banking stocks have an upside of up to 27% in one year, according to analystsIf interest rates stay high, and there are signs of a slowdown, banks that depend on retail deposits are the ones to watch carefully. That ...
Agentic AI can cut banks' transaction monitoring workload by up to 50%, improve compliance quality: McKinseyBanks could reduce the human effort required for transaction monitoring investigations by 30-50% by deploying agentic artificial intelligen...
RBI Governor Sanjay Malhotra urges states to ensure quality spending, prudent borrowingAddressing the 36th conference of state finance secretaries at the Mint Road, Malhotra appealed the states to onboard onto the Unified Lend...
Committee of Creditors cannot withdraw resolution plan nod: Supreme CourtA bench of Justices JB Pardiwala and K Vinod Chandran, while disposing of the appeal filed by Bank of India and other CoC members, includin...
Central Bank of India clarifies all accounts are safe after reports of 187 unauthorised transactions worth Rs 13.97 croreIn a recent statement, the Central Bank of India reassured customers that a technical issue with its RTGS server did not compromise account...
UPI handles nearly 80 crore transactions daily, says Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman highlighted the impressive growth of India's digital payments ecosystem. The Unified Payments Int...
Investments in emerging sectors rise, but bank and NBFC financing remain limited: ReportEmerging sectors like AI, semiconductors, and defence are attracting significant investments while bank lending is limited. The financing p...
India's private capex pipeline surges 39% to Rs 99.7 lakh crore, risks rise: ReportIndia's private capital expenditure pipeline reached Rs 99.7 lakh crore in September 2026, marking a 39% increase. Manufacturing and electr...
India's emerging sectors to drive capex, credit demand towards storage, semiconductors: ReportFinancing demand in India's emerging sectors is expected to shift towards battery storage, semiconductor packaging, green hydrogen projects...
Financing demand set to shift to emerging sectors like AI, semiconductors: ReportIndia’s emerging sectors are set to attract fresh bank financing over the next three to five years, with AI, semiconductors and defence lea...
In 2018, Columbia Ventures bought Jacksonville's Union Terminal Warehouse for $4.6 million; 7 years later, a $73 million overhaul transformed it into a mixed-use complexAtlanta-based developer Columbia Ventures bought the property in December 2018 for $4.6 million in 2018. It invested $73 million for the re...
RBI's Rs 2.5 lakh crore liquidity infusion raises questions over tightening policy signal: SBI ReportIn its report, SBI said the RBI had consistently signalled its commitment to monetary tightening through its policy resolution, the Governo...
As IDBI Bank employees call for November 2 and 3 all-India strike, United Forum of Bank Unions extends supportThe United Forum of Bank Unions has rallied behind IDBI employees who are set to strike on November 2 and 3, voicing opposition to the gove...
Government plans to pare stakes in 4 PSU banks to 75%The Union government announced in the 2021-22 budget that, besides IDBI Bank, it would take up two public sector banks and one general insu...
Corporate capex pipeline rises 39% to Rs 99.7 lakh crore, led by IT services and power: UBIIndia’s announced private capex pipeline rose 39% year-on-year to Rs 99.7 lakh crore in September 2026, driven by IT-enabled services and c...
Union Bank Of India among 4 stocks showing RSI trending upFour Nifty500 banking stocks showed strengthening momentum on October 19, with rising RSI values indicating improving price strength and po...
- Union Bank Q2 net profit up 30% as margins improve
Total advances in the September quarter increased 19% year-on-year to ₹11.6 lakh crore, led by a 17% growth in domestic advances, which was...
Central Bank of India reports technical glitch in RTGS outward systemCentral Bank said that no customer suffered any financial loss on account of the incident. The lender has not attributed the disruption to ...