Union Bank of India Reports 30% Rise in Quarterly Net Profit
September-quarter net profit rose year on year to 5,537 crore from 4,249 crore, supported by higher net interest income and lower provisions.
Union Bank of India’s net profit for the September quarter rose 30% year on year to 5,537 crore, compared with 4,249 crore in the same quarter a year earlier. The increase was supported by higher net interest income (NII) and lower provisions.