Union Bank of India is engaged in the Business of Banking Services, Government Business ,Merchant Banking, Agency Business Insurance, Mutual Funds, Wealth Management etc.
- Union Bank reported Total revenue for Q4 FY23 of ₹22,163 Crore, up from ₹17.028 Crore year on year depicting a growth of 30%.
- Total Expenses for Q4 FY23 of ₹10,041 Crore up, from ₹6940 Crore year on year, a growth of 45%.
- Consolidated Net Profit of ₹2,812 Crore, up 81% from ₹1,557 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹4.11, up 81% from ₹2.28 in the same quarter of the previous year.