Union Bank of India Reports Strong Provisional Business and Retail Advances Growth for Q2 FY26
Union Bank of India reported robust provisional Q2 FY26 growth: 3.24% in total business, 14.10% in retail term deposits, and 23.96% in retail advances.
The provisional numbers provide an early and positive indication of the bank's performance for the quarter, with significant growth rates in crucial retail segments, which is highly impactful for investor perception ahead of official results.
The announcement indicates strong year-on-year growth across key business segments, particularly in domestic retail advances (23.96%) and retail term deposits (14.10%), signaling healthy operational performance.
Union Bank of India announced provisional business and advances growth figures as of September 30, 2025. The key highlights are: * Total Business (Global) grew by 3.24% year-on-year (YoY) to ₹22,09,711 crore. * Total Domestic Retail Term Deposits (RTD) saw a robust growth of 14.10% YoY, reaching ₹5,45,547 crore. * Total Domestic Retail Advances surged by 23.96% YoY to ₹2,38,473 crore. * Total Domestic Retail Agriculture MSME (RAM) Advances increased by 9.26% YoY to ₹5,54,211 crore. * Global Deposits grew by 1.90% YoY to ₹12,34,620 crore, while Global Gross Advances grew by 4.98% YoY to ₹9,75,091 crore. These figures are provisional and are released ahead of the official financial results for the quarter ended September 30, 2025, which are subject to review by Statutory Central Auditors.
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