Union Bank of India
UNIONBANKFinancial Services filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
9 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 9 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20220518 | 2022-03-31 | yes | |
| TRANSCRIPT | 20220730 | 2022-06-30 | yes | |
| TRANSCRIPT | 20221028 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230127 | 2022-12-31 | yes | |
| TRANSCRIPT | 20230511 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230726 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231101 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240125 | 2023-12-31 | yes | |
| TRANSCRIPT | 20251106 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260120 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260721 | 2026-06-30 | yes |
UNIONBANK
files the banking form. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | banking |
| Scope served | consolidated |
| Panels on this page | 5 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 179.45 |
| 52-week range | 134.08 – 202.27 |
| Return 1M | -4.03% |
| Return 3M | 2.71% |
| Return 1Y | 28.94% |
| Return 3Y | 75.85% |
| Return 5Y | 418.64% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Interest earned | 27,427.00 |
| Interest on advances and bills | 21,070.00 |
| Income on investments | 5,765.00 |
| Interest on balances with the RBI and interbank funds | 271.00 |
| Other interest | 321.00 |
| Interest expended | 17,206.00 |
| Other income | 5,233.00 |
| Total income | 32,660.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.75 | 0.00 |
| institutions foreign | 0.09 | -0.01 |
| institutions domestic | 0.12 | 0.00 |
| mutual funds | 0.05 | 0.01 |
| public | 0.25 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| TRANSCRIPT | 2026-06-30 | 11 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Cash flow, as filed
| Line | 2022-09-30 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|
| Net cash from operating activities | -44,864.00 | -15,004.00 | 19,930.00 | -10,037.00 | -13,673.00 | -35,798.00 |
| Net cash from investing activities | -291.00 | -208.00 | -1,394.00 | -586.00 | -4,611.00 | -7,075.00 |
| Net cash from financing activities | 3,733.00 | 12,437.00 | -11,489.00 | -4,211.00 | 150.00 | 7,729.00 |
| Purchase of property, plant and equipment | 692.00 | 449.00 | 1,649.00 | 531.00 | 842.00 | 3,224.00 |
| Net increase in cash | -41,422.00 | -2,775.00 | 7,047.00 | -14,834.00 | -18,134.00 | -35,145.00 |
| con:CFO.BEFORE_TAX | -44,864.00 | -12,659.00 | 22,950.00 | -9,226.00 | -12,560.00 | -36,927.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | -428.00 | -1,451.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 0.00 | 2,345.00 | 3,020.00 | 811.00 | 1,541.00 | 322.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4,043.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 439.00 | 296.00 | 343.00 | 15.00 | 11.00 | 191.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 55.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 88.00 | 70.00 | 3,780.00 | 0.00 |
Quarterly results, as filed
| Line | 2022-06-30 | 2022-09-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest earned | 18,256.00 | 19,778.00 | 24,732.00 | 25,521.00 | 26,510.00 | 26,527.00 | 26,887.00 | 27,135.00 | 27,475.00 | 26,665.00 | 26,819.00 | 26,676.00 | 27,427.00 |
| Interest on advances and bills | 12,276.00 | 13,835.00 | 17,549.00 | 18,428.00 | 19,499.00 | 19,408.00 | 19,431.00 | 20,022.00 | 20,144.00 | 19,677.00 | 19,931.00 | 20,346.00 | 21,070.00 |
| Income on investments | 5,307.00 | 5,376.00 | 5,706.00 | 5,751.00 | 5,704.00 | 5,801.00 | 6,021.00 | 5,901.00 | 5,945.00 | 5,364.00 | 5,954.00 | 5,610.00 | 5,765.00 |
| Interest on balances with the RBI and interbank funds | 556.00 | 441.00 | 1,343.00 | 1,219.00 | 1,209.00 | 1,225.00 | 1,331.00 | 1,099.00 | 1,296.00 | 1,537.00 | 723.00 | 442.00 | 271.00 |
| Other interest | 117.00 | 126.00 | 133.00 | 122.00 | 97.00 | 93.00 | 103.00 | 113.00 | 90.00 | 87.00 | 210.00 | 278.00 | 321.00 |
| Interest expended | 10,598.00 | 11,384.00 | 15,498.00 | 16,236.00 | 16,966.00 | 17,004.00 | 17,720.00 | 17,765.00 | 18,231.00 | 17,707.00 | 17,370.00 | 17,005.00 | 17,206.00 |
| Other income | 2,948.00 | 3,697.00 | 4,221.00 | 4,281.00 | 5,102.00 | 4,799.00 | 5,926.00 | 4,614.00 | 4,869.00 | 5,550.00 | 5,183.00 | 5,999.00 | 5,233.00 |
| Total income | 21,204.00 | 23,475.00 | 28,952.00 | 29,802.00 | 31,612.00 | 31,325.00 | 32,812.00 | 31,749.00 | 32,344.00 | 32,215.00 | 32,002.00 | 32,675.00 | 32,660.00 |
| Employee benefit expense | 2,698.00 | 2,796.00 | 3,165.00 | 3,377.00 | 4,791.00 | 3,617.00 | 3,678.00 | 3,554.00 | 4,032.00 | 4,002.00 | 4,114.00 | 3,539.00 | 3,925.00 |
| Operating expenses | 5,159.00 | 5,497.00 | 6,189.00 | 6,232.00 | 8,112.00 | 6,510.00 | 6,947.00 | 6,474.00 | 7,177.00 | 7,663.00 | 7,672.00 | 7,693.00 | 7,414.00 |
| Expenditure excluding provisions and contingencies | 15,757.00 | 16,881.00 | 21,687.00 | 22,467.00 | 25,078.00 | 23,514.00 | 24,667.00 | 24,239.00 | 25,408.00 | 25,370.00 | 25,042.00 | 24,699.00 | 24,620.00 |
| Operating profit before provisions | 5,448.00 | 6,594.00 | 7,265.00 | 7,335.00 | 6,534.00 | 7,811.00 | 8,145.00 | 7,511.00 | 6,936.00 | 6,845.00 | 6,960.00 | 7,976.00 | 8,040.00 |
| Provisions and contingencies | 3,283.00 | 4,101.00 | 1,773.00 | 1,781.00 | 1,253.00 | 2,857.00 | 1,739.00 | 1,622.00 | 1,667.00 | 1,392.00 | 322.00 | 1,050.00 | 973.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 2,165.00 | 2,493.00 | 5,492.00 | 5,554.00 | 5,281.00 | 4,954.00 | 6,406.00 | 5,889.00 | 5,269.00 | 5,453.00 | 6,638.00 | 6,926.00 | 7,067.00 |
| Tax expense | 608.00 | 654.00 | 1,944.00 | 1,944.00 | 1,971.00 | 1,354.00 | 1,684.00 | 1,292.00 | 1,132.00 | 1,171.00 | 1,609.00 | 1,592.00 | 1,699.00 |
| Profit for the period | 1,556.00 | 1,839.00 | 3,548.00 | 3,610.00 | 3,310.00 | 3,601.00 | 4,722.00 | 4,597.00 | 4,137.00 | 4,281.00 | 5,029.00 | 5,334.00 | 5,368.00 |
| Profit attributable to owners | 1,583.00 | 1,853.00 | 3,572.00 | 3,625.00 | 3,328.00 | 3,642.00 | 4,751.00 | 4,623.00 | 4,428.00 | 4,426.00 | 5,073.00 | 5,504.00 | 5,642.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:SHARE_OF_ASSOCIATES | 27.00 | 14.00 | 24.00 | 15.00 | 18.00 | 41.00 | 29.00 | 26.00 | 291.00 | 145.00 | 44.00 | 170.00 | 273.00 |
| Earnings per share, basic | 2.32 | 2.71 | 5.14 | 4.89 | 4.44 | 4.77 | 6.22 | 6.06 | 5.80 | 5.80 | 6.65 | 7.21 | 7.39 |
| Earnings per share, diluted | 2.32 | 2.71 | 5.14 | 4.89 | 4.44 | 4.77 | 6.22 | 6.06 | 5.80 | 5.80 | 6.65 | 7.21 | 7.39 |
Annual results, as filed
| Line | 2024-03-31 | 2026-03-31 |
|---|---|---|
| Interest earned | 100,376.00 | 106,799.00 |
| Interest on advances and bills | 72,156.00 | 80,098.00 |
| Income on investments | 22,829.00 | 22,873.00 |
| Interest on balances with the RBI and interbank funds | 4,891.00 | 3,162.00 |
| Other interest | 499.00 | 665.00 |
| Interest expended | 63,364.00 | 69,477.00 |
| Other income | 17,813.00 | 21,601.00 |
| Total income | 118,188.00 | 128,400.00 |
| Employee benefit expense | 14,593.00 | 15,687.00 |
| Operating expenses | 26,506.00 | 30,206.00 |
| Expenditure excluding provisions and contingencies | 89,870.00 | 99,683.00 |
| Operating profit before provisions | 28,319.00 | 28,716.00 |
| Provisions and contingencies | 6,811.00 | 4,432.00 |
| Profit before exceptional items and tax | — | 24,284.00 |
| Exceptional items | 0.00 | 0.00 |
| Profit before tax | 21,508.00 | 24,284.00 |
| Tax expense | 7,799.00 | 5,504.00 |
| Profit for the period | 13,709.00 | 18,781.00 |
| Profit attributable to owners | 13,797.00 | 19,430.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 |
| con:SHARE_OF_ASSOCIATES | 88.00 | 650.00 |
| Earnings per share, basic | 19.15 | 25.45 |
| Earnings per share, diluted | 19.15 | 25.45 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|
| Capital | 6,939.00 | 7,516.00 | 7,738.00 | 7,738.00 | 7,738.00 | 7,738.00 |
| Reserves and surplus | 67,577.00 | 82,927.00 | 89,860.00 | 99,930.00 | 118,157.00 | 125,814.00 |
| Deposits | 1,045,719.00 | 1,140,060.00 | 1,224,593.00 | 1,245,177.00 | 1,237,050.00 | 1,309,759.00 |
| Borrowings | 56,636.00 | 52,652.00 | 26,974.00 | 25,940.00 | 69,197.00 | 77,798.00 |
| Other liabilities and provisions | 35,130.00 | 39,891.00 | 52,831.00 | 45,415.00 | 58,182.00 | 66,395.00 |
| Total equity and liabilities | 1,212,000.00 | 1,323,047.00 | 1,401,996.00 | 1,424,200.00 | 1,490,323.00 | 1,587,503.00 |
| Cash and balances with the RBI | 53,498.00 | 53,254.00 | 52,902.00 | 54,099.00 | 60,782.00 | 66,477.00 |
| Balances with banks and money at call | 24,838.00 | 56,570.00 | 66,744.00 | 50,713.00 | 52,768.00 | 29,567.00 |
| Investments | 346,006.00 | 347,470.00 | 343,953.00 | 360,309.00 | 357,747.00 | 343,623.00 |
| Advances | 730,210.00 | 806,612.00 | 874,080.00 | 900,661.00 | 951,796.00 | 1,057,188.00 |
| Property, plant and equipment | 7,103.00 | 8,546.00 | 9,260.00 | 9,249.00 | 9,999.00 | 11,660.00 |
| Other assets | 50,345.00 | 50,596.00 | 55,058.00 | 49,168.00 | 57,231.00 | 78,989.00 |
| Total assets | 1,212,000.00 | 1,323,047.00 | 1,401,996.00 | 1,424,200.00 | 1,490,323.00 | 1,587,503.00 |
Asset quality and capital, as filed
| Line | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross non-performing assets | 0.00 | 0.00 | 0.00 | 43,098.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net non-performing assets | 0.00 | 0.00 | 0.00 | 8,990.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross NPA, per cent | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net NPA, per cent | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Return on assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| CET-1 ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Tier-1 ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-08-25 | 2023-09-30 | 2023-12-31 | 2024-02-26 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 76.99 | 76.99 | 76.99 | 74.76 | 74.76 | 74.76 | 74.76 | 74.76 | 74.76 | 74.76 | 0.75 | 0.75 | 0.75 | 0.75 |
| Domestic institutions | 13.30 | 12.70 | 12.29 | 12.63 | 12.25 | 11.38 | 11.23 | 11.94 | 11.64 | 11.94 | 0.12 | 0.12 | 0.12 | 0.12 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 3.64 | 0.04 | 0.04 | 0.04 | 0.05 |
| Insurance companies | 9.68 | 9.72 | 8.97 | 8.79 | 8.45 | 7.92 | 7.87 | 7.87 | 7.85 | 8.03 | 0.08 | 0.08 | 0.07 | 0.07 |
| Foreign institutions | 3.20 | 2.88 | 3.97 | 6.01 | 6.76 | 7.37 | 6.89 | 6.46 | 7.11 | 7.70 | 0.08 | 0.08 | 0.09 | 0.09 |
| Government | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 23.01 | 23.01 | 23.01 | 25.24 | 25.24 | 25.24 | 25.24 | 25.24 | 25.24 | 25.24 | 0.25 | 0.25 | 0.25 | 0.25 |
| Non-institutional | 6.51 | 7.43 | 6.75 | 6.60 | 6.24 | 6.50 | 7.12 | 6.85 | 6.49 | 5.61 | 0.06 | 0.05 | 0.04 | 0.05 |
| Shares outstanding | 7412448217 | 7412448217 | 7412448217 | 7633605607 | 7633605607 | 7633605607 | 7633605607 | 7633605607 | 7633605607 | 7633605607 | 7633605607 | 7633605607 | 7633605607 | 7633605607 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Nitesh Ranjan | Executive Director | Remuneration | 2,177,000.00 | 1 |
| A Manimekhalai | Managing Director & CEO | Remuneration | 2,118,000.00 | 1 |
| Ramasubramanian S | Executive Director | Remuneration | 1,963,000.00 | 1 |
| Sanjay Rudra | Executive Director | Remuneration | 1,744,000.00 | 1 |
| Pankaj Dwivedi | Executive Director | Remuneration | 1,700,000.00 | 1 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-01-20 | Q3FY26 | Read the call | |
| 2024-01-25 | Q3FY24 | CONFERENCE CALL SERVICE PROVIDER:, MR. C.M. MINOCHA, MR. DHIRENDRA JAIN, MR. NIDHU SAXENA, | Read the call |
| 2023-11-01 | Q2FY24 | Read the call | |
| 2023-07-26 | Q1FY24 | Read the call | |
| 2023-05-11 | Q4FY23 | Read the call | |
| 2023-01-27 | Q3FY23 | CALL, MANAGER, PROVIDER: | Read the call |
| 2022-10-28 | Q2FY23 | BANK OF INDIA, INDIA, OF INDIA, UNION BANK OF INDIA | Read the call |
| 2022-07-30 | Q1FY23 | Read the call | |
| 2022-05-18 | Q4FY22 | BANK OF INDIA, INDIA, UNION BANK OF INDIA | Read the call |
What they said about it, quarter by quarter
| Topic | Q1FY24 | Q2FY23 | Q2FY24 | Q3FY23 | Q3FY24 | Q3FY26 | Q4FY22 | Q4FY23 |
|---|---|---|---|---|---|---|---|---|
| Capex | — | — | — | 1,000 crores of budget last year for the technology CAPEX and that is mostly going into building digital platform. | — | So, a few of that related to the government, the GST, which came as a big enabler for various industries, various participants, and the government CAP… | — | This is mainly because of the initial CAPEX and revenue expenditure because the Bank is now building lot of IT infrastructure and all therefore the di… |
| Capital allocation | So, we also find that, this is a great avenue for the bank, and also for the new generation, the customer acquisition also it helps us on that. | — | We also have onboarded, as I have earlier told in my opening remarks, wealth management and merchant acquisition and credit card also has been taken u… | — | Is there some pressure in terms of deposit acquisition which prompted us to increase rates? | — | — | So, this is just a beginning and as I shared the investment that we are doing and we are almost at the final stage of onboarding our system integrator… |
| Costs | — | — | — | — | — | — | — | Now going ahead as we understand that the rates have almost peaked so yields may still rise, but cost of deposit could still be rising faster than the… |
| Demand | We can't say exactly that madam because we have to see how the you know MPCDs and the rate hikes and all happen and also what is the liquidity conditi… | Maybe some of them are under recommendation, some of them are (Inaudible)so put together it will 50,000 crores of pipeline we have. | But the yield on advances, it will be purely depending on the market demand and supply. | — | — | And we further have a good pipeline in various stages of sanction. | But then the credit side demand is not that high but the deposit growth is stable so that’s why this ratio but we would also love to do 75% to 78% CD … | Now if you look at FY23, what all we have done and I would like to just highlight certain numbers that we launched our revamped Mobile App Vyom in Nov… |
| Guidance | We have given guidance to you to maintain a margin of around 3% and we are trying very hard to see that the margin remains protected at the 3% level o… | With this we have also, if you remember that we have given guidance for the financial year 2023 and let me reiterate the guidance. | We are above our guidance in NIM by registering a continuous improvement to 3.18% for Q2FY24 from 3.13% in Q1FY24. | And then my second broader question is what would be the outlook for loan and deposit growth from here on, because the sense is that obviously, deposi… | So we at the outset thank all the investor community who had been always participating in all our con calls very actively and taking the guidance from… | Previously, it was 6.5 to 6.7 and other things, and now we expect around 7.4 in this year. | Let me reiterate the guidance for the financial year ’23 Deposit growth at ~10% Advances growth in the range of 10-12% CASA ratio in range of ~3… | 12,518 crores as against the guidance that we gave to the market at Rs. |
| Margin | But that has basically led to the improvement in margin. | So, just want to understand despite the RBI repo rate hike we haven't seen any margin improvement for us. | — | And even in terms of margin, so there has been a lot of concern on whether the margins will decline or stay stable in fourth quarter and FY '24. | How much has it impacted in terms of the margin? | — | Actually, the 10% of the book, which is linked to the T bill, that I where we saw the margin shrinkage. | So, firstly on the LCR front I had a question so in terms of if you look at LCR is roughly 193% as against the regulatory requirement of 100 percentag… |
| People | — | — | — | We have also identified people inside the Bank for grooming the talent for the future and still in the process of hiring certain more skill set from t… | On top of that, we are investing a lot in learning and development, new skill sets, lateral hiring for the various skill sets that we have been doing. | — | — | — |
| Pricing | — | — | — | — | Okay, but the re-pricing should lead to -- | — | — | We have seen a better credit uptake in the RAM sector and so faster asset pricing has helped the margins to improve. |
| Revenue growth | This is, we all know that the 12.33% growth which we will be showing Union Bank of India July 21, 2023 year-on-year, out of that our RAM portfolio has… | The deposit growth was to the extent of about 10% for FY23 advances growth in the range of 10% to 12%, CASA ratio in the range of 37%, NIM to be aroun… | The deposits of the Bank registered a growth of 9.04% Y-o-Y. | The deposits and credits of the scheduled commercial banks have registered a YoY growth of 9.2% and 14.9% for the fortnight ended 30th December 2022. … | Our operating profit reached INR 21,678 crores for the nine months ended September 2023, registering a Y-o-Y growth of 16.27%, driven by 10.68% Y-o-Y … | Regarding growth of the corporate books, MD has already said we are having some pipelines, already sanctions are there and some good number of proposa… | The CASA ratio thus stood at 36.54 % as at March 31st, 2022 Total Advances registered a growth of 9.60% YoY. | 25,467 crores with the growth of 16.4% during FY23. The net profit of the Bank has increased by 61.2% YoY to Rs. |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2022-05-18 | Q4FY22 | UNION BANK OF INDIA | Let me reiterate the guidance for the financial year ’23 Deposit growth at ~10% Advances growth in the range of 10-12% CASA ratio in range of ~37% NIM to be around 3% Credit Cost to be at <1.5% Delinquency ratio to be < 2.0 %. |