Union Bank of India’s Retail Loans Up by 25.6% in June Quarter

Authored By Ankur Chandra | Published at: Jul 9, 2025 11:48 AM IST

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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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