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Quarterly Results

UNIONBANK · Union Bank of India · NSE · Filed 1 Oct · 1 min read

Union Bank posts 18.53% YoY growth in gross advances in provisional Q2 FY27 figures

Union Bank of India released provisional business figures for the quarter ended 30 September 2026, ahead of its audited results, led by double-digit advances and CASA growth.

What was filed

Union Bank of India released a set of provisional business figures for the quarter ended 30 September 2026, ahead of its audited financial results. The bank was explicit that the numbers are provisional and "subject to review by the Statutory Central Auditors and other necessary approvals of the Bank." The disclosure covers headline business metrics — global and domestic business, advances, deposits, CASA and credit-deposit ratios — but not profit, margins or asset quality, which will follow with the full results.

The growth story

The figures point to loan-led expansion. Gross advances grew faster than deposits year-on-year, while the retail-agri-MSME (RAM) book and domestic CASA deposits both grew in the mid-teens. That mix lifted the domestic credit-deposit ratio over the year. The specific growth rates and balances are set out in the key-facts panel below.

Why a holder should note it

These provisional figures give an early read on the quarter before the reviewed results, but they are limited to business volumes. Profitability, net interest margin, provisions and asset quality are not in this disclosure and remain to be reported. The bank itself flags that the numbers may change after statutory review.

Global Business (prior year)
₹22,09,828 → ₹24,75,387 crQ2 FY26 → Q2 FY27+12%‡
Gross Advances (Global, prior year)
₹9,75,207 → ₹11,55,930 crQ2 FY26 → Q2 FY27+19%‡
Total Deposits (Global, prior year)
₹12,34,621 → ₹13,19,457 crQ2 FY26 → Q2 FY27+7%‡
Domestic CASA % (prior year)
32.56% → 34.93%Q2 FY26 → Q2 FY27+7%‡
C/D Ratio (Domestic, incl. Bank Deposits, prior year)
76.35% → 83.84%Q2 FY26 → Q2 FY27+10%‡
Gross Advances (Global) growth YoY
18.53%
Domestic Advances growth YoY
17.36%
RAM Advances (Domestic) growth YoY
14.65%
Domestic CASA Deposits growth YoY
14.66%

‡ Computed by us from the filing’s own figures — not a company-stated number.

The figures offer holders an early, pre-audit view of business momentum for the September 2026 quarter, but exclude profit, margins and asset quality; the bank notes the numbers are provisional and may change after statutory review.

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