What was filed
Union Bank of India released a press release on its unaudited standalone and consolidated results for the quarter ended June 30, 2026 (Q1 FY27), after board approval on July 15, 2026. The filing sets out headline earnings, business growth, asset-quality metrics, capital ratios and financial-inclusion disclosures.
Earnings and business mix
Net profit, operating profit and net interest income were all higher than a year earlier. Growth was led by advances rather than deposits, with gross advances rising faster than deposits over the year. The RAM (retail, agriculture and MSME) segment expanded to 57.31% of domestic advances, and within it MSME advances showed the strongest year-on-year growth. The credit-deposit ratio rose to 86.10%, reflecting the wider gap between advance and deposit growth described in the filing.
Asset quality and capital
The filing reports improving asset quality, with the gross NPA ratio down 87 basis points year-on-year and the net NPA ratio down 15 basis points; provision coverage stood at 95.05%. On capital, the bank said CET-1 improved over the year and CRAR remained above regulatory minimums. Return on assets and return on equity for the quarter were 1.36% and 17.23% respectively, per the filing.