Union Bank Q1 Results: Net profit surges 12% at ₹4,115.5 crore, NPA provisions fall

Union Bank Q1 Results: The Birlik Bank, the borrowing of the public sector on Saturday, announced that the first quarter (in the first quarter (the first quarter) ended on June 30, 2025.

The bank reported that the net profit increased by about 12%. LaCompared to 3,679 RS Crore a year ago, 4.115.5 Crore for the current quarter of the current financial year 2026.

Total income increased La31.791 Crore in June quarter LaA year ago 30,874 Crore.

Total work increased by 5% La22,14,422 CRORE LaAt the end of June 2024, 21,08,762 Crore4. La9,112.6 Crore, in the first quarter of 26 La9,412 Crore in the same quarter in the last financial year.

Provisions and possibilities for the June quarter have increased La1,664.5 CRORE La1,543.9 Crore in March of 2025 in March.

Provisions of non -calculating assets (NPAs) La1,152 CRORE IN THE QUESTION OF INFORMATION La1,675.7 Crore in January-March.

Indian Unity Bank shares closed on Friday La146.5. This year, the stock has won 20%.

Lending rate cut

Last month, the state lending has reduced the lending rate by 50 basis points (BPS) in line with the moderation of the IDIARBI Reserve Bank).

The Union Bank said that the external criterion lending rate of changes (EBLR) and the repo -connected loan rate (RLL) decreased 50 basis points.

The Bank added that new rates will be useful for new and existing retail (home, vehicle, personal, etc.) and MSME debtors.

RBI reduced interest rates greater than expected and reduced the cash reserve rate (CRR) unexpectedly to make banks earn more money to increase the economy to increase the economy.

Under the chairmanship of Governor Sanjay Malhotra, the Six -member Monetary Policy Committee of the RBI, which consisted of three external members, voted for five to five to 5.5%to reduce criterion reproach or repo ratio to 5.5%.