Union Bank of India Share Price in Focus; Reports Strong Growth in Advances and Deposits

Union Bank of India has announced significant growth in its financial metrics for the year ending March 31, 2026.  

The bank's total gross advances and domestic CASA deposits have shown notable increases, reflecting its robust performance in the banking sector. 

Growth in Advances and Deposits 

As of March 31, 2026, Union Bank of India reported a 9.76% year-on-year (YoY) growth in total gross advances, reaching ₹10,78,779 crore.  

The domestic advances also witnessed a 10.06% YoY growth, amounting to ₹10,41,122 crore. The RAM (Retail, Agriculture, and MSME) advances in the domestic segment grew by 12.59% YoY, totalling ₹5,98,620 crore. 

Domestic CASA deposits increased by 7.90% YoY and 10.82% quarter-on-quarter (QoQ), reaching ₹4,59,988 crore. The CASA percentage improved by 169 basis points YoY to 35.21%. 

Overall Business Performance 

Union Bank's global business grew by 5.79% YoY, with total business reaching ₹23,85,679 crore. Global advances stood at ₹10,78,779 crore, marking a 9.76% YoY increase.  

Global deposits saw a 2.72% YoY growth, totalling ₹13,06,900 crore. 

Domestic Business Insights 

The bank's domestic business grew by 5.85% YoY, reaching ₹23,47,419 crore. Domestic deposits increased by 2.72% YoY to ₹13,06,297 crore.  

The credit-deposit (C/D) ratio, excluding bank deposits, improved by 593 basis points YoY to 80.41. 

Read More: RBI Imposes Monetary Penalties on Union Bank, Bank of India, and Central Bank of India! 

Provisional Data and Audit 

The reported figures are provisional and subject to audit by the statutory central auditors. The final financial results for the year ending March 31, 2026, will be declared after necessary approvals. 

Union Bank of India Share Price Performance  

As of April 02, 2026, at 3:30 PM, Union Bank of India share price on NSE was closed at ₹171.99 up by 0.20% from the previous closing price. 

Conclusion 

Union Bank of India's financial performance for the year ending March 31, 2026, demonstrates strong growth in both advances and deposits. The bank's focus on domestic advances and CASA deposits has contributed to its robust performance. 

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