Moody's revises rating outlook of Union Bank of India

#UnionBankofIndia #INE692A01016 #UNIONBANK #Banks #RatingUpdate #Outlook

IIFL Finance raises $175 m from #HSBC, #UnionBank & #BoB Via #ECB route

#JustIn | #UnionBank board approves raising up to ₹5,000 cr via Qualified Institutional Placement (#QIP), floor price at ₹91.10/sh. The QIP opens today https://t.co/H0bPztyANM

#UnionBank reports Q3 earnings:

>>Net profit up 59.9% at ₹3,589.9 cr Vs at 2,244.8 Cr (YoY)

>>NII up 6.3% at ₹9,168 cr Vs 8,628.1 cr (YoY)

>>Net NPA at 1.08% Vs 1.30% (QoQ)

>>Gross NPA at 4.83% Vs 6.38% (QoQ)

>>Gross NPA at ₹43,261.9 cr Vs ₹54,012.3 cr (QoQ)

>>Net NPA at ₹9,351.2 cr Vs ₹10,421 cr (QoQ)

#PSUBanks higher, #UCOBank, #PNB, #BankOfMah up more than 2%, #UnionBank up more than 4%

BGR Energy: #UnionBank classifies its exposure of ₹188 crore to the company as an NPA

#UnionBank Q1 Update 📢

*Total Deposits up 0.22% QoQ & 8.52% YoY at ₹12.24 lk cr

*Global Gross Advances up 0.81% QoQ & up 11.46% YoY at ₹9.12 lk cr

*Domestic CASA Deposits down 2.59% QoQ & up 3.76% YoY at ₹3.99 lk cr