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ITAT Delhi held that only the estimation profit element has to form subject matter of addition in case of bogus accommodation entries. Accordingly, CIT(A) order directing @2.5% on total bogus ...
Notwithstanding the soft June quarter update, Union Bank of India, like other top PSU banks, remains a deep value stock.
In the last couple of months, several other banks like Bank of India, Indian Bank, Punjab National Bank and Canara Bank announced such waivers for their savings account customers.
The bank reported around 12% rise in its net profit at ₹ 4,115.5 crore for thefirst quarter of the current fiscal year 2026, when compared to Rs3,679 crore a year ago.
State-owned Union Bank of India on Saturday (July 19, 2025) reported a 12% rise in net profit to ₹4,116 crore during the first quarter of this financial year. The Mumbai-based lender had earned ...
Union Bank of India on Saturday reported a 12% rise in net profit to Rs 4,116 crore for the April–June quarter of FY26, compared with Rs 3,679 crore in the same period last year.
Union Bank of India reports 12% rise in net profit to ₹4,116 crore in Q1 FY26, with improved asset quality.
Union Bank of India posts 12% rise in Q1FY26 profit to ₹4,116 crore on lower provisions, despite a 3% dip in NII. Asset quality improves with reduced NPAs, while margins remain under pressure ...
The Lagos State High Court in Ikeja yesterday slammed Union Bank for converting Nicon Investment Limited’s £130.7million fixed deposit. The bank, in its counterclaim, said it deducted the money ...
Union Bank of Nigeria Limited has rejected the court ruling in its case with Jimoh Ibrahim over some assets and has consequently resolved to challenge the ruling.
Lagos High Court rules in favor of NICON Investment, ordering Union Bank to pay £1m and N50m in damages for breach of fiduciary duties and negligence. The ruling follows a long-standing legal battle.
Union Bank, Bank of India, Canara Bank, other PSU bank stocks drop up to 2% on profit booking The Nifty PSU Bank index has now snapped a three-day gaining streak.