Stories
Union Bank's Advances Soar 18.5% to ’11.56 Lakh Crore in September Quarter
C
CNBC TV18•01-10-2026, 23:36
Union Bank's Advances Soar 18.5% to ’11.56 Lakh Crore in September Quarter
- •Union Bank of India's total gross advances surged 18.53% year-on-year, reaching ’11,55,930 crore by September 30, 2026.
- •Domestic advances alone grew 17.36% YoY to ’11,05,807 crore, with a sequential rise of 4.21%.
- •The bank's domestic CASA deposits increased 14.66% YoY to ’4,60,697 crore, contributing to a CASA ratio of 34.93%.
- •Advances to the retail, agriculture, and MSME (RAM) segment saw a 14.65% YoY growth, totaling ’6,35,527 crore.
- •Union Bank's total global business crossed ’24.75 lakh crore, marking a 12.02% YoY increase, while domestic business grew 11.41%.
Key Questions Answered
Union Bank of India's total gross advances grew by 18.53% year-on-year to reach ₹11,55,930 crore as of September 30, 2026.
Advances to the retail, agriculture, and MSME (RAM) segment increased by 14.65% year-on-year to ₹6,35,527 crore for the quarter ending September 30, 2026.
Union Bank's total global business rose by 12.02% year-on-year to reach ₹24,75,387 crore as of September 30, 2026.
