Union Bank of India (UNIONBANK) — Board Meeting

Union Bank of India reported H1 FY2026 standalone net profit of ₹836.46 crores with total income of ₹6,342.74 crores. Consolidated assets grew to ₹14,99,085.16 crores from ₹14,73,276.45 crores YoY. Provision coverage ratio improved to 95.13% from 92.79% in September 2024. The bank managed 102 fraud cases totaling ₹898.56 crores (fully provided). Board approved new Managing Director Asheesh Pandey, replacing Sameer Shukla.

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About Union Bank of India (UNIONBANK)

Financial Services · Banks · Listed on NSE

Market Cap: ₹1,23,618.61 Cr P/E: 6.6

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