2026-10-20

102000 · India's Economic Momentum: IPOs, Trade Deals, and Global Headwinds

A stack of hundred dollar bills spread out, symbolizing wealth and financial success.

Union Bank Profit Jumps 30%, Asset Quality Improves Markedly!

🏦 Banking↺ from 20 Oct

Union Bank of India reported a strong Q2 FY27, with net profit surging 30% year-on-year to ₹3,680 crore. The public sector bank also significantly improved its asset quality, reducing both gross and net Non-Performing Assets.

PSB Reforms→Asset Quality Review→Deleveraging Cycle

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