Union Bank of India - Key Business Highlights for Q4 FY2024

Union Bank of India has announced key business updates for Q4 FY2023-24.

- The total Business of the Bank grew by 10.31 % YoY and 2.80 % QoQ to ₹ 21.26 trillion.

- Total Advances of the Bank grew by 11.72 % YoY and 0.99 % QoQ to ₹ 9.04 trillion as of 31st March 2024.

- Total Deposits of the Bank grew by 9.29 % YoY and 4.19 % QoQ to ₹ 12.22 trillion as of 31st March 2024.

- Total Domestic RAM Advances of the Bank grew by 13.82 % YoY and 1.91 % QoQ to ₹ 4.97 trillion as of 31st March 2024.



* The above information is provisional and is being released before the declaration of the financial results for the quarter and year ended on March 31, 2024, which is subject to Audit by the Statutory Central Auditors and other necessary approvals of the Bank.

Shares of Union Bank of India was last trading in BSE at Rs. 160.20 as compared to the previous close of Rs. 159.05. The total number of shares traded during the day was 1058445 in over 9813 trades.

The stock hit an intraday high of Rs. 163.15 and intraday low of 158.90. The net turnover during the day was Rs. 170298364.00.

Source : Equity Bulls

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UnionBankofIndia INE692A01016 KeyBusinessUpdates Q4FY2024