UNIONBANK
Union Bank of India
NSELast Traded Price
₹167.88
-0.3 (-0.18%)
Open
₹169
High
₹171.79
Low
₹166.6
Prev Close
₹168.72
Industry
Public Sector Bank
Market Cap
128565.19 Cr
Filing History
Recent corporate announcements and filings for UNIONBANK
Governance
Neutral
2026-05-27 21:38
Union Bank of India announced its 24th Annual General Meeting (AGM) will be held on Friday, 10th July 2026, at 11:00 a.m. IST, via Video Conferencing/OAVM. The AGM's purpose includes the payment of dividend. The record date for e-voting and dividend is Friday, 3rd July 2026. The book closure period for the AGM and dividend will be from Saturday, 4th July 2026, to Friday, 10th July 2026.
Governance
Positive
2026-05-27 21:10
Union Bank of India announced its 24th Annual General Meeting (AGM) to be held on Friday, 10th July 2026, to discuss the AGM agenda and payment of dividend. The record date for e-voting and dividend is set for Friday, 3rd July 2026, with the book closure period from Saturday, 4th July 2026, to Friday, 10th July 2026.
Governance
Positive
2026-05-26 14:37
Union Bank of India's Board of Directors, in a meeting on May 26, 2026, approved a capital plan to raise up to ₹8,000 crore. This includes up to ₹3,000 crore through equity (Public Issue, Rights Issue, Private Placements including QIP/ESPS/Preferential Allotment) and up to ₹5,000 crore via Basel III compliant Additional Tier 1 and Tier 2 Bonds.
Governance
Positive
2026-05-26 14:14
The Board of Directors of Union Bank of India, in its meeting on May 26, 2026, approved a Capital Plan to raise up to ₹8,000 crore. This includes raising equity capital up to ₹3,000 crore through various modes like Public Issue, Rights Issue, QIP, or Preferential Allotment, and raising up to ₹5,000 crore via Basel III compliant Additional Tier 1 and/or Tier 2 Bonds.
Governance
Positive
2026-05-26 14:07
Union Bank of India's Board of Directors, in its meeting on May 26, 2026, approved a Capital Plan to raise up to ₹8,000 crore. This includes raising equity capital of up to ₹3,000 crore via various modes like public issues, rights issues, or QIPs, and up to ₹5,000 crore through Basel III compliant Additional Tier 1 or Tier 2 Bonds.
Governance
Neutral
2026-05-18 20:03
Union Bank of India announced the appointment of Smt. Sowmya Sridhar as the Chief Risk Officer (CRO) effective 22nd May 2026, for a tenure up to 31st August 2029. She replaces Shri Ashwini Kumar Ramakrishna Chowdhary, whose contractual tenure concludes on 21st May 2026. Smt. Sridhar, a General Manager, brings over 30 years of experience, including 19 years in risk management, and is a certified FRM.
Governance
Neutral
2026-05-14 17:47
Union Bank of India announced the appointment of Dr. Debasish Prusty as the Government Nominee Director, effective May 13, 2026. Dr. Prusty, currently the Additional Secretary in the Ministry of Finance, Department of Financial Services, brings over 26 years of experience in public finance, sustainable development, and environmental/urban governance. He replaces Shri Rohan Chand Thakur and will serve until further orders.
Business Update
Positive
2026-05-12 21:23
Union Bank of India has made an additional investment of ₹ 22.64 Crores in ASREC (I) Ltd., a joint venture company. This increases the bank's shareholding in ASREC (I) Ltd. from 26.02% to 27.30%. The disclosure was made on May 12, 2026.
Business Update
Neutral
2026-05-12 18:51
Union Bank of India announced that its representatives held a one-to-one in-person Investors/Analysts Meet with Aditya Birla Sun Life AMC Limited on May 12, 2026, in Mumbai. During the meeting, the bank referred to publicly available documents for discussions.
Business Update
Neutral
2026-05-07 19:40
Union Bank of India announced an upcoming Investors/Analysts meet with Aditya Birla Sun Life AMC Limited on May 12, 2026, at its central office in Mumbai. The meet will be one-to-one and in-person, where the Bank will refer to publicly available documents for discussions. No Unpublished Price Sensitive Information is proposed to be shared during the meeting.
Business Update
Positive
2026-04-29 23:52
Union Bank of India refuted an inaccurate media report concerning deposit variations, clarifying it was based on unverified information. The Bank affirmed its financial stability and highlighted consistent growth in its deposit base. Average total deposits for April 2026 (unaudited) stood at ₹1,265,339 Cr and average CASA at ₹438,169 Cr, both higher than Q4 FY2025-26 averages. The Bank confirmed no material impact on its financial position or operations.
Business Update
Positive
2026-04-29 19:46
Union Bank of India released the transcript of its Post Earnings Call for the period ended March 31, 2026. The bank reported a strong performance for FY26 with a Net Profit of INR 18,697 crores. Business growth was 5.78% YoY, with gross advances increasing 9.74% and the RAM segment growing 12.56% (Retail 16.75%, MSME 18.75%). Asset quality improved significantly, with Gross NPA reduced by 78 bps YoY to 2.82% and Net NPA reduced by 15 bps YoY to 0.48%. Capital ratios remained robust (CRAR 18.10%, CET1 15.69%). The Board recommended a dividend of INR 5 per equity share for FY26. Management expressed caution on cost, NIM, and profitability, focusing on efficiency, and highlighted good progress on CASA and retail term deposits.
Business Update
Neutral
2026-04-23 18:29
Union Bank of India announced the availability of the audio recording of its Post Earnings Call, held on April 23, 2026. The call discussed the Audited Financial Results (Standalone and Consolidated) for the Quarter/Year ended March 31, 2026. The recording can be accessed via the link provided in the filing.
Financials
Positive
2026-04-23 13:34
Consolidated Interest Income ₹1,05,992Cr vs ₹1,05,909Cr (▲0.08% YoY), Operating Profit ₹28,620Cr vs ₹31,090Cr (▼7.95% YoY), PAT ₹18,697Cr vs ₹17,987Cr (▲3.95% YoY). Net Interest Margin (NIM) 2.70% vs 2.91% (▼21bps).
Financials
Positive
2026-04-23 13:27
Operating Profit ₹7,955Cr vs ₹7,700Cr (▲3.31% YoY), Net Profit (PAT) ₹5,316Cr vs ₹4,985Cr (▲6.64% YoY). Net Interest Income (NII) ₹9,406Cr vs ₹9,514Cr (▼1.13% YoY). Net Interest Margin (NIM) 2.64% vs 2.87% (▼23bps). Asset quality improved significantly with GNPA at 2.82% and NNPA at 0.48% for Q4 FY26.
Financials
Positive
2026-04-23 13:16
Union Bank of India reported Consolidated Operating Profit for Q4 FY2026 of ₹7,955Cr (▲3.31% YoY from ₹7,700Cr). Net Profit grew to ₹5,316Cr (▲6.64% YoY from ₹4,985Cr). Net Interest Margin (NIM) was 2.64% vs 2.87% (▼23bps) YoY.
Financials
Positive
2026-04-23 13:09
Consolidated Total Income ₹32,674.53Cr vs ₹33,590.84Cr (▼2.73% YoY), Operating Profit ₹7,975.85Cr vs ₹7,734.98Cr (▲3.11% YoY), PAT ₹5,503.61Cr vs ₹5,011.22Cr (▲9.83% YoY). Operating Margin 24.41% vs 23.03% (▲138bps). The Board also recommended a dividend of ₹5 per equity share for FY 2025-26.
Financials
Positive
2026-04-23 12:50
Union Bank of India's Board approved the Audited Standalone and Consolidated Financial Results for the Quarter/Year ended March 31, 2026. The Board also recommended a dividend of ₹5 per equity share for FY 2025-26.
Financials
Neutral
2026-04-20 19:35
Union Bank of India has scheduled an Earnings Call with Analysts and Investors on April 23, 2026, to discuss the Audited Financial Results (Standalone and Consolidated) for the quarter/year ended March 31, 2026.
Routine
Neutral
2026-04-10 19:56
New Filing detected. See link for details.
Routine
Neutral
2026-04-06 15:16
Union Bank of India submitted a certificate from its RTA, KFin Technologies, confirming compliance with SEBI Regulation 74(5) for the quarter ended March 31, 2026. It verifies the processing of securities for dematerialisation and updates to the register of members.
Business Update
Positive
2026-04-02 21:49
Union Bank reported robust provisional operational growth for Q4 FY26. Total Gross Advances rose 9.76% YoY, and Domestic Advances grew 10.06% YoY. Domestic CASA Deposits increased 7.90% YoY, with CASA % improving by 169 bps to 35.21%.
Ownership
Positive
2026-04-02 17:14
Union Bank of India filed under SEBI (SAST) Reg 31(4) stating the Promoter (President of India) held 74.76% equity shares as of March 31, 2026. No shares were encumbered directly or indirectly during the financial year ended March 31, 2026.
Governance
Positive
2026-04-01 16:29
Union Bank of India announced the elevation of three General Managers, Shri K Pramod Kumar Reddy, Shri Sumit Srivastava, and Shri Dhirendra Jain, to the post of Chief General Manager, effective from April 1, 2026.
Governance
Negative
2026-03-27 18:02
CRITICAL RED FLAG DETECTED
RBI has imposed a penalty of ₹95.40 Lakh on Union Bank of India for non-compliance with directions on customer liability in unauthorised electronic transactions and Income Recognition, Asset Classification, and Provisioning. The bank stated the impact is not significant and preventive measures taken.
Routine
Neutral
2026-03-25 15:44
Union Bank of India announced the closure of its trading window from April 1, 2026, for designated persons and insiders, until 48 hours after the declaration of audited financial results for the quarter/year ending March 31, 2026. The date for the Board meeting to approve these results will be informed later.
Business Update
Neutral
2026-03-24 19:22
Union Bank of India held an Investors/Analysts Meet (one-to-one, virtual) with Millennium Capital (DIFC) Limited on March 24, 2026, in Mumbai. Publicly available documents were referred for discussions during the interaction.
Business Update
Neutral
2026-03-24 19:17
Union Bank of India representatives participated in an Investors/Analyst Meet conducted by Kotak Securities Limited on 24th March 2026 in Mumbai. The virtual group meeting saw attendance from 20 investment firms.
Business Update
Positive
2026-03-20 19:25
Union Bank of India successfully raised ₹3,000 crore through Long-Term Bonds for infrastructure & affordable housing at a 7.16% p.a. coupon rate. The issue was oversubscribed by 3.12 times against the base issue size.
Business Update
Neutral
2026-03-18 17:26
Union Bank of India will conduct a one-to-one virtual Investors/Analysts meet with Millennium Capital (DIFC) Limited on March 24, 2026. The bank stated that no unpublished price sensitive information will be shared during the meeting.
Business Update
Neutral
2026-03-18 17:26
Union Bank of India will participate in a virtual Investors/Analysts meet organized by Kotak Securities Limited on March 24, 2026, to discuss publicly available information. No Unpublished Price Sensitive Information will be shared.
Business Update
Positive
2026-03-16 10:36
The Committee of Directors met on March 16, 2026, and approved issuing Long-Term Bonds up to ₹20,000 Cr for infrastructure & affordable housing, and Green/Sustainable Bonds up to ₹5,000 Cr.
Business Update
Neutral
2026-02-26 18:41
Union Bank of India conducted an Investors/Analysts Meet with UBS Global Asset Management, Singapore on February 26, 2026. The one-to-one physical meeting in Mumbai involved discussions referring to publicly available documents.
Business Update
Positive
2026-02-26 18:39
Union Bank of India participated in Kotak Securities' 'Annual Flagship Investor Conference - Chasing Growth 2026' on February 26, 2026, in Mumbai. The bank engaged in one-to-one and group meetings with numerous analysts and investors.
Business Update
Positive
2026-02-25 19:29
Fitch Ratings affirmed Union Bank of India's Long-Term Issuer Default Rating (IDR) at 'BBB-'/Stable and Government Support Rating (GSR) at 'bbb-', while upgrading its Viability Rating (VR) to 'bb' from 'bb-'. The upgrade reflects improvements in asset quality, capitalization, and profitability.
Business Update
Neutral
2026-02-20 19:42
Union Bank of India conducted an Investors/Analysts Meet with Kuwait Investment Office on 20th February 2026. The one-to-one physical meeting was held in London, United Kingdom, where publicly available documents were referred to for discussions.
Business Update
Neutral
2026-02-20 19:15
Union Bank of India representatives held a one-to-one physical meeting with Universities Superannuation Scheme Limited in London on February 20, 2026. Discussions referred to publicly available documents. This update complies with SEBI LODR Regulation 30.
Business Update
Neutral
2026-02-20 19:06
Union Bank of India representatives conducted an Investors/Analysts Meet with JPMorgan Asset Management (UK) Limited on February 20, 2026, in London, United Kingdom. Discussions referred to publicly available documents.
Business Update
Positive
2026-02-17 18:48
Union Bank of India received a 'CareEdge-ESG 1+' rating with a score of 81.3 from Care ESG Ratings Limited on January 17, 2026. The rating reflects the bank's leadership position in managing ESG risk through best-in-class disclosures, policies, and performance.
Business Update
Neutral
2026-02-17 18:11
Union Bank of India will conduct an investors/analysts meet with UBS Global Asset Management, Singapore on February 26, 2026, in Mumbai. The one-to-one, in-person meeting will not involve sharing Unpublished Price Sensitive Information.
Business Update
Neutral
2026-02-17 18:07
Union Bank of India will participate in the 'Annual Flagship Investor Conference - Chasing Growth 2026' hosted by Kotak Securities Limited on February 26, 2026, in Mumbai. The meet will be an in-person interaction with analysts and investors.
Business Update
Neutral
2026-02-17 18:04
Union Bank of India conducted a one-to-one physical Investors/Analysts Meet with Ishana Capital Limited on February 17, 2026, in Mumbai. Discussions referred to publicly available documents.
Business Update
Neutral
2026-02-16 19:09
Union Bank of India will conduct an Investors/Analysts meet with JPMorgan Asset Management (UK) Limited on February 20, 2026, in London, United Kingdom. The bank stated that no unpublished price sensitive information will be shared during the meeting.
Business Update
Neutral
2026-02-16 19:00
Union Bank of India will conduct an Investors/Analysts meet with Kuwait Investment office on February 20, 2026, in London, United Kingdom. This will be a one-to-one in-person meeting, and no unpublished price sensitive information will be shared.
Business Update
Neutral
2026-02-16 18:57
Union Bank of India announced an in-person Analysts/Investors meet with Universities Superannuation Scheme Limited on February 20, 2026, in London. Publicly available documents will be discussed, and no Unpublished Price Sensitive Information will be shared.
Business Update
Neutral
2026-02-16 18:53
Union Bank of India representatives conducted an Investors/Analysts Meet with Antique Stock Broking Limited on 16th February 2026, from 11:00 AM to 12:00 PM in Mumbai. Discussions referred to publicly available documents.
Business Update
Neutral
2026-02-13 17:18
Union Bank of India conducted an Investors/Analysts Meet with Ikigai Asset Manager Holdings Private Limited on February 13, 2026. The meeting was a virtual one-to-one interaction.
Business Update
Neutral
2026-02-12 18:03
Union Bank of India conducted a physical one-to-one Investors/Analysts Meet with Fidelity Management & Research (Hong Kong) Limited on February 12, 2026, in Mumbai. Discussions referred to publicly available documents.
Business Update
Negative
2026-02-11 16:18
CRITICAL RED FLAG DETECTED
Union Bank received a ₹2,80,050 penalty from RBI on Feb 10, 2026, for deficiencies in handling mutilated notes, note shortages, and CCTV issues during currency chest inspection and ATM cash out. The bank states the impact is not significant and has taken preventive measures.
Business Update
Negative
2026-02-11 14:49
Union Bank of India notified of a one-day strike by the All India Bank Employees' Association (AIBEA) and Bank Employees Federation of India (BEFI) on February 12th, 2026. The strike may affect the functioning of the bank's branches and administrative offices across India, though the bank is taking steps to mitigate the impact.
Business Update
Neutral
2026-02-10 17:46
Union Bank of India will conduct an Investors/Analysts meet with Ishana Capital Limited on February 17, 2026, in Mumbai. It will be a one-to-one, in-person meeting. The bank will refer to publicly available documents, and no Unpublished Price Sensitive Information is proposed to be shared.
Business Update
Neutral
2026-02-10 17:40
Union Bank of India will conduct an Investors/Analysts meet with Antique Stock Broking Limited on February 16, 2026, in Mumbai. It will be a one-to-one, in-person meeting.
Business Update
Neutral
2026-02-10 17:32
Union Bank of India participated in 'Advantage India-Axis Capital's Flagship India Conference' on Feb 10, 2026, meeting with 12 institutional investors and fund managers in Mumbai. This disclosure is made under SEBI LODR Regulation 30.
Business Update
Neutral
2026-02-09 21:37
Union Bank of India representatives participated in the 'MANTHAN- Systematix India Annual Conference' on Feb 09, 2026, meeting 16 analysts/investors in Mumbai. Discussions referred to publicly available documents.
Business Update
Neutral
2026-02-09 18:39
Union Bank of India participated in the 'MANTHAN Systematix India Annual Conference' on Feb 9, 2026. The filing also details participants of investor meetings held on Aug 20, 2025, in Mumbai, where discussions used publicly available documents.
Business Update
Neutral
2026-02-09 18:26
Union Bank of India representatives participated in the 'Build India, New India' investor conference by Antique Stock Broking Limited on August 20, 2025. The bank interacted with various analysts and investors in Mumbai, discussing matters based on publicly available documents.
Business Update
Neutral
2026-02-09 18:07
Union Bank will conduct an Investors/Analysts meet with Ikigai Asset Manager Holdings Private Limited on February 13, 2026, in Mumbai. This one-to-one, in-person meeting will refer to publicly available documents, and no Unpublished Price Sensitive Information will be shared.
Business Update
Neutral
2026-02-09 18:04
Union Bank of India will conduct an Investors/Analysts meet with Fidelity Management & Research Company LLC on 12th February 2026 at Mumbai. This filing provides disclosures regarding the schedule for the meet/call.