Union Bank of India’s Retail Loans Up by 25.6% in June Quarter
By Ankur Chandra | Published at: Jul 9, 2025 11:48 AM IST
Mumbai, July 9, 2025 – Union Bank of India (NSE: UNIONBANK, BSE: 532477) reported a 5.01% year-on-year (YoY) growth in total global business as of June 30, 2025, in a provisional filing ahead of its Q1 FY26 results. The bank also saw strong double-digit growth in retail advances, underscoring continued traction in its RAM (Retail, Agriculture, MSME) lending strategy.
Key Financial Metrics (₹ in crore)
| Particulars | Q1 FY25 (30-Jun-24) | Q4 FY25 (31-Mar-25) | Q1 FY26 (30-Jun-25)* | QoQ Growth (%) | YoY Growth (%) |
|---|---|---|---|---|---|
| Total Business (Global) | 21,08,762 | 22,55,141 | 22,14,480 | -1.80% | 5.01% |
| Total Deposits (Global) | 11,96,548 | 12,72,247 | 12,39,936 | -2.54% | 3.63% |
| Domestic Deposits | 11,96,168 | 12,71,750 | 12,39,510 | -2.54% | 3.62% |
| Domestic CASA Deposits | 3,99,438 | 4,26,242 | 4,03,096 | -5.43% | 0.92% |
| Global Gross Advances | 9,12,214 | 9,82,894 | 9,74,544 | -0.85% | 6.83% |
| Domestic Advances | 8,78,797 | 9,45,976 | 9,38,152 | -0.83% | 6.75% |
| Domestic RAM | 4,94,029 | 5,31,679 | 5,44,986 | 2.50% | 10.31% |
| Domestic Retail Advances | 1,82,316 | 2,16,777 | 2,28,980 | 5.63% | 25.60% |
*Provisional figures, pending limited review by statutory auditors and final board approvals.
Segment Performance Highlights
- Retail Lending Boom: Domestic retail advances surged 25.60% YoY, reaching ₹2,28,980 crore in Q1 FY26, driven by housing, vehicle, and personal loans.
- RAM Segment Expansion: RAM (Retail, Agriculture, MSME) segment grew 10.31% YoY to ₹5,44,986 crore, indicating the bank’s strategic focus on granular lending.
- Deposit Pressure: Domestic CASA deposits witnessed a QoQ decline of 5.43%, highlighting challenges in low-cost deposit mobilization.
Strategic Insight
The provisional figures suggest a resilient credit growth trajectory, especially in the RAM and retail categories, despite a sequential moderation in overall business volumes. The slight QoQ dip in global business and deposit base may reflect seasonal adjustments or customer behavior post-financial year-end.
Union Bank of India Stock Performance
As of 11:10 AM IST on July 9, 2025, Union Bank of India shares are trading at ₹143.89, representing a 4.23% decline. Union Bank of India shares have gained 2.94% over the last year, up 16.93% year-to-date, and down 7.40% in the previous month.
About Union Bank of India
Union Bank of India is a leading public sector bank headquartered in Mumbai. It is listed on both NSE (UNIONBANK) and BSE (532477), with a wide footprint across India and select international locations. The bank offers services spanning retail banking, MSME financing, corporate lending, and treasury operations.
REF: https://nsearchives.nseindia.com/corporate/UNIONBANK_08072025223237_30062025_Provisional_Financial_Results_-_Revised.pdf
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