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Corporate

Union Bank Q2 profit jumps 34% to Rs 4,720 cr

Project-Your-State-union-bank-q2-profit-jumps-34-to-rs-4720-cr

Published 31 Oct, 2024

By Staff Reporter


State-owned Union Bank of India on Monday logged a 34 per cent growth in its net profit at Rs 4,720 crore for the second quarter ended September 2024.

The Mumbai-based lender had earned a net profit of Rs 3,511 crore in the same quarter a year ago.

The total income increased to Rs 32,036 crore during the quarter under review against Rs 28,282 crore in the same period last year, Union Bank of India said in a regulatory filing.



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