UNBK saw a strong quarter owing to beat on all fronts i.e. NII, fees and asset quality resulting in core PBT being 9.4% above PLe. NII was 1.8% higher as NIM was cushioned due to (1) shedding of ...

This move will make SMBC the largest shareholder in Yes Bank and marks a major foreign investment in India’s banking sector. State Bank of India (SBI) and seven other lenders, which had collectively ...

Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world ...

Union Bank of India on May 8 reported a 51 percent year-on-year jump in net profit for Q4 FY25, reaching Rs 4,98,492 lakh compared to Rs 3,31,055 lakh in the same period last year. The rise in ...

Union Bank of India reported a standalone net profit of ₹4,985 crore for the fourth quarter, up about 51 per cent year-on-year (y-o-y), driven by strong growth in other income and a decline in ...

MANILA, Philippines — The asset management unit of Union Bank of the Philippines (Unionbank) and Atram Trust Corp. closed their merger on Thursday, thus sealing the deal that would create a ...

Following reports that Union Bank of India had spent an estimated Rs 7.25 crore to purchase nearly 200,000 copies of a book authored by former Chief Economic Adviser (CEA) Krishnamurthy V ...

Union Bank of India is investigating irregularities in the purchase of 1.89 lakh books by KV Subramanian, costing ₹7.25 crore. The books, intended for distribution by zonal offices, faced ...

Union Bank of India is set to announce the results for Q4 and FY25 this week. One of the major public sector banks in India, as of Dec. 31, 2024, it had deposits of Rs 12,16,562 crore and advances ...

Japan's Sumitomo Mitsui Banking Corp (SMBC) is in advanced discussions to buy a stake in India's Yes Bank, the Economic Times reported on Tuesday, citing people aware of the matter. The move could ...

There was no immediate reaction from the government, Subramanian or the Union Bank of India on the allegations. Addressing a press conference, Congress spokesperson Supriya Shrinate said the Modi ...

Union Bank of India decided to buy 200,000 copies of the book India@100 by former chief economic adviser Krishnamurthy Subramanian and the former executive director of India to the International ...