Union Bank of India’s Q2 net profit rises 30% to ₹5,537 crore
Union Bank of India reported a 30.32% rise in net profit to ₹5,537.2 crore for Q2 FY27, driven by reduced provisions of ₹700 crore. Net interest income grew 20.1% year-on-year to ₹10,582.7 crore, and gross advances increased 18.53% to ₹11.56 lakh crore. The bank aims to maintain this momentum as it continues to improve asset quality.