Union Bank of India Q2 net profit rises 30% to ₹5,537 crore
Union Bank of India reported a 30% year-on-year increase in net profit for Q2, reaching ₹5,537 crore. Interest income rose to ₹28,158 crore, up from ₹26,191 crore a year earlier. The bank's provisions for Non-Performing Assets also increased by 13% to ₹5,960 crore, reflecting a focus on asset quality as it moves forward.