Union Bank of India has appointed Prafulla Kumar Samal as the Chief Compliance Officer (CCO) of the Bank vice Srinivasan Balachander. The appointment is effective 07 June 2024. Powered by Capital Market - Live News

Union Bank of India will hold a meeting of the Board of Directors of the Company on 11 June 2024.Powered by Capital Market - Live News

Union Bank of India announced that the Board of Directors of the Company at its meeting held on 10 May 2024, inter alia, have recommended the final dividend of Rs 3.6 per equity Share (i.e. 36%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Union Bank of India rose 18.37% to Rs 3328.27 crore in the quarter ended March 2024 as against Rs 2811.78 crore during the previous quarter ended March 2023. Total Operating Income rose 19.61% to Rs 26509.87 crore in the quarter ended March 2024 as against Rs 22163.00 crore during the previous quarter ended March 2023.For the full year,net profit rose 62.10% to Rs 13797.11 crore in the year ended March 2024 as against Rs 8511.67 crore during the previous year ended March 2023. Total Operating Income rose 23.67% to Rs 100375.56 crore in the year ended March 2024 as against Rs 81163.18 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Total Operating Income26509.8722163.00 20 100375.5681163.18 24 OPM %64.6854.69 -66.8154.54 - PBDT5281.203912.28 35 21508.2212146.47 77 PBT5281.203912.28 35 21508.2212146.47 77 NP3328.272811.78 18 13797.118511.67 62 Powered by Capital Market - Live News

Union Bank of India will hold a meeting of the Board of Directors of the Company on 10 May 2024.Powered by Capital Market - Live News