Union Bank of India — earnings calls
1 quarter summarised from transcripts filed with the exchange, every statement cited. Newest first.
A withheld summary was generated but did not pass Parakho's publication checks; nothing that fails a check is shown. How we check these summaries
Union Bank of India reported its highest-ever quarterly profit for Q1 FY27, with the CFO and MD detailing improvements in NIM, cost-to-income ratio, and asset quality metrics. Management described a strategy of shedding bulk deposits in favour of CASA and retail term deposits, which reduced the cost of deposits by 18 basis points during the quarter. The bank also discussed provisioning related to expected credit loss (ECL) transition, MSME stress from a nationwide customer outreach exercise, and growth plans across corporate, retail, agriculture and MSME segments.