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India

Union Bank of India Ltd (UNBK.NS)

UNBK.NS on National Stock Exchange of India

64.35INR
16 Aug 2019
Change (% chg)

Rs1.20 (+1.90%)
Prev Close
Rs63.15
Open
Rs63.00
Day's High
Rs65.10
Day's Low
Rs62.25
Volume
8,615,614
Avg. Vol
9,758,041
52-wk High
Rs100.40
52-wk Low
Rs61.25

Latest Key Developments (Source: Significant Developments)

Union Bank Of India June-Qtr Net Profit Rises
Friday, 2 Aug 2019 

Aug 2 (Reuters) - Union Bank of India Ltd ::JUNE QUARTER NET PROFIT 2.24 BILLION RUPEES VERSUS PROFIT OF 1.30 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER LOSS WAS 2.71 BILLION RUPEES -.JUNE QUARTER INTEREST EARNED 88.98 BILLION RUPEES VERSUS 87.01 BILLION RUPEES LAST YEAR.JUNE QUARTER PROVISIONS FOR NPA LOSS OF 14.31 BILLION RUPEES VERSUS LOSS OF 18.03 BILLION RUPEES LAST YEAR.JUNE QUARTER GROSS NPA 15.18% VERSUS 14.98% PREVIOUS QUARTER.JUNE QUARTER NET NPA 7.23% VERSUS 6.85% PREVIOUS QUARTER.JUNE QUARTER PROVISIONS AND CONTINGENCIES 15.19 BILLION RUPEES VERSUS 22.89 BILLION RUPEES LAST YEAR.  Full Article

Union Bank Of India Says Monika Kalia Nominated As CFO
Thursday, 4 Jul 2019 

July 4 (Reuters) - Union Bank of India Ltd ::UNION BANK OF INDIA SAYS MONIKA KALIA NOMINATED AS CFO TO REPLACE SREENIVASA RAO.  Full Article

Union Bank Of India March Quarter Net Loss Widens
Tuesday, 14 May 2019 

May 14 (Reuters) - Union Bank of India Ltd ::MARCH QUARTER NET LOSS 33.69 BILLION RUPEES VERSUS LOSS OF 25.83 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER NET LOSS WAS 48.4 MILLION RUPEES.MARCH QUARTER INTEREST EARNED 83.50 BILLION RUPEES VERSUS 81.12 BILLION RUPEES LAST YEAR.MARCH QUARTER PROVISIONS AND CONTINGENCIES 57.66 BILLION RUPEES VERSUS 57.68 BILLION RUPEES LAST YEAR.MARCH QUARTER GROSS NPA 14.98 PERCENT VERSUS 15.66 PERCENT PREVIOUS QUARTER.MARCH QUARTER NET NPA 6.85 PERCENT VERSUS 8.27 PERCENT PREVIOUS QUARTER.  Full Article

India's Financial Services Secretary Says Govt Approves 482.39 Bln-Rupee Recap To 12 State Run Banks - Tweet
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - India's Financial Services Secretary Rajeev Kumar::INDIA'S FINANCIAL SERVICES SECRETARY RAJEEV KUMAR SAYS GOVERNMENT APPROVES 482.39 BILLION RUPEES RECAPITALISATION TO 12 STATE RUN BANKS -TWEET.INDIA'S FINANCIAL SERVICES SECRETARY SAYS GOVERNMENT APPROVES INFUSION OF TOTAL 159.82 BILLION RUPEES IN ALLAHABAD BANK AND CORPORATION BANK - TWEET.INDIA'S FINANCIAL SERVICES SECRETARY SAYS GOVERNMENT APPROVES INFUSION OF TOTAL 48.43 BILLION RUPEES IN BANK OF INDIA AND BANK OF MAHARASHTRA - TWEET.INDIA'S FINANCIAL SERVICES SECRETARY SAYS GOVERNMENT APPROVES INFUSION OF TOTAL 148.79 BILLION RUPEES IN PNB, UNION BANK, ANDHRA BANK, SYNDICATE BANK - TWEET.FINANCIAL SERVICES SECRETARY SAYS GOVERNMENT APPROVES INFUSION OF TOTAL 125.35 BILLION RUPEES IN CENTRAL BANK, UNITED BANK, UCO BANK, INDIAN OVERSEAS BANK - TWEET.  Full Article

Union Bank Of India Dec-Qtr Domestic NIM At 2.23 Pct
Monday, 21 Jan 2019 

Jan 21 (Reuters) - Union Bank of India Ltd ::DEC QUARTER DOMESTIC NIM 2.23 PERCENT VERSUS 2.34 YEAR AGO.DEC QUARTER SLIPPAGES 29.83 BILLION RUPEES VERSUS 26.67 BILLION RUPEES LAST QUARTER.  Full Article

Union Bank Of India Posts Dec-Qtr Profit
Monday, 21 Jan 2019 

Jan 21 (Reuters) - Union Bank of India Ltd ::DEC QUARTER NET PROFIT 1.53 BILLION RUPEES VERSUS LOSS OF 12.50 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR DEC QUARTER NET PROFIT WAS 3.24 BILLION RUPEES.DEC QUARTER INTEREST EARNED 84.78 BILLION RUPEES VERSUS 82.60 BILLION RUPEES LAST YEAR.DEC QUARTER PROVISIONS AND CONTINGENCIES 16.17 BILLION RUPEES VERSUS 32.54 BILLION RUPEES LAST YEAR.DEC QUARTER PROVISIONS FOR NPA 21.39 BILLION RUPEES VERSUS 25.21 BILLION RUPEES LAST YEAR.DEC QUARTER GROSS NPA 15.66 PERCENT VERSUS 15.74 PERCENT PREVIOUS QUARTER.DEC QUARTER NET NPA 8.27 PERCENT VERSUS 8.42 PERCENT PREVIOUS QUARTER.  Full Article

Union Bank Of India Sept-Qtr Global NIM At 2.18 Pct
Monday, 29 Oct 2018 

Oct 29 (Reuters) - Union Bank of India Ltd ::SEPT QUARTER GLOBAL NET INTEREST MARGIN AT 2.18 PERCENT.  Full Article

Union Bank Of India Posts March Qtr Loss
Thursday, 10 May 2018 

May 10 (Reuters) - Union Bank of India Ltd ::MARCH QUARTER NET LOSS 25.83 BILLION RUPEES VERSUS PROFIT OF 1.08 BILLION RUPEES LAST YEAR.MARCH QUARTER INTEREST EARNED 81.12 BILLION RUPEES VERSUS 83.25 BILLION RUPEES LAST YEAR.MARCH QUARTER PROVISIONS 56.68 BILLION RUPEES VERSUS 24.44 BILLION RUPEES LAST YEAR.MARCH QUARTER PROVISIONS FOR NPA 56.39 BILLION RUPEES VERSUS 15.05 BILLION RUPEES LAST YEAR.MARCH QUARTER GROSS NPA 15.73 PERCENT VERSUS 13.03 PERCENT PREVIOUS QUARTER.MARCH QUARTER NET NPA 8.42 PERCENT VERSUS 6.96 PERCENT PREVIOUS QUARTER.SAYS DIVERGENCE IN GROSS NPA AS OF MARCH 31, 2017 WAS 28.50 BILLION RUPEES.CONSENSUS FORECAST FOR MARCH QUARTER NET LOSS WAS 11.37 BILLION RUPEES.FY 2017 ADJUSTED NET LOSS AFTER TAX WAS 3.70 BILLION RUPEES, AFTER TAKING INTO ACCOUNT DIVERGENCE IN PROVISIONING.DIVERGENCE IN PROVISIONING AS OF MARCH 31, 2017 WAS 10.14 BILLION RUPEES.SAYS GLOBAL NIM FOR MARCH QUARTER WAS 1.9 PERCENT.SAYS DOMESTIC NIM FOR MARCH QUARTER WAS 1.99 PERCENT.SAYS SLIPPAGES FOR MARCH QUARTER WAS 100.43 BILLION RUPEES.  Full Article

Union Bank Of India ‍To Consider Raising Of Equity Capital ​
Tuesday, 30 Jan 2018 

Jan 30 (Reuters) - Union Bank Of India Ltd ::TO CONSIDER RAISING OF EQUITY CAPITAL ​.  Full Article

Union Bank of India approves raising additional tier I capital for up to 23 bln rupees
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Union Bank Of India Ltd :Approved raising additional tier I capital for amount upto 23 billion rupees in one or more tranches.  Full Article