Union Bank of India Reports Global Deposits Growth of 3.36% to ₹12.20 Trillion

1 min read     Updated on 02 Jan 2026, 06:27 PM
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Reviewed by
Radhika SScanX News Team
Overview

Union Bank of India has reported steady growth in its deposit portfolio with global deposits rising 3.36% year-over-year to ₹12.20 trillion. Domestic deposits also showed similar performance, growing 3.35% to ₹12.20 trillion, reflecting the bank's effective deposit mobilization strategies and customer confidence in its banking services.

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*this image is generated using AI for illustrative purposes only.

Union Bank of India has announced growth in its deposit portfolio, demonstrating steady performance in fund mobilization across both global and domestic segments.

Deposit Portfolio Performance

The bank's latest financial update reveals consistent growth across its deposit base. The following table summarizes the key deposit metrics:

Deposit Category: Current Amount Year-over-Year Growth
Global Deposits: ₹12.20 trillion +3.36%
Domestic Deposits: ₹12.20 trillion +3.35%

Growth Analysis

The bank's global deposits have reached ₹12.20 trillion, representing a year-over-year increase of 3.36%. This growth indicates the bank's ability to attract and retain deposits from customers across various geographical markets.

Simultaneously, domestic deposits have also shown positive momentum, growing by 3.35% year-over-year to reach ₹12.20 trillion. The marginal difference between global and domestic deposit figures suggests that the bank's deposit base is primarily concentrated in the domestic market.

Market Position

The reported deposit growth reflects Union Bank of India's continued focus on expanding its deposit base while maintaining competitive positioning in the banking sector. The consistent growth rates across both global and domestic segments indicate balanced performance in deposit mobilization strategies.

The bank's ability to achieve growth in deposits demonstrates customer confidence in its banking services and products. This deposit growth provides the foundation for the bank's lending activities and overall business expansion.

Historical Stock Returns for Union Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.46%-8.25%-3.24%+29.28%+52.23%+368.42%

Union Bank Revises Bond Redemption Details for ₹1,000 Crore Series

1 min read     Updated on 24 Dec 2025, 03:56 PM
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Reviewed by
Shriram SScanX News Team
Overview

Union Bank of India has issued a revised intimation for its ₹1,000 crore bond series call option exercise, updating key details including an increased coupon rate of 8.64% and adjusted redemption date of January 9, 2026. The revision ensures compliance with SEBI regulations and provides accurate information to bondholders ahead of the December 26, 2025 record date.

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Union Bank of India , a prominent public sector bank, has issued a revised intimation regarding the exercise of call option for one of its bond series. The bank has updated the redemption details for its ₹1,000 crore bond series, demonstrating continued proactive management of its debt obligations.

Revised Bond Redemption Details

The bank has provided updated information for the bond redemption under regulatory compliance:

Parameter: Details
Bond Series: L1 XXVIII
ISIN Number: INE692A08128
Amount: ₹1,000.00 crores
Coupon Rate: 8.64%
Redemption Date: January 9, 2026
Record Date: December 26, 2025

Key Changes and Payment Schedule

The bank has clarified that if any coupon or redemption payment date falls on a non-business day, payment of interest or principal will be made on the preceding business day. Accordingly, the payment for ISIN INE692A08128 will be processed on January 9, 2026, instead of January 11, 2026.

This revision updates the bank's earlier communication dated December 5, 2025, ensuring accurate information is provided to stakeholders and regulatory authorities.

Regulatory Compliance

The intimation has been issued pursuant to Regulation 30 and 60(2) of the SEBI (Listing Obligation and Disclosures Requirements) Regulations 2015. The call option exercise remains subject to regulatory approval, maintaining the bank's commitment to compliance with all applicable regulations.

Financial Context

This bond redemption aligns with Union Bank of India's ongoing debt management strategy. The bank continues to optimize its capital structure while maintaining its position as a significant player in the public sector banking space. The redemption represents the bank's proactive approach to managing its liabilities and maintaining financial flexibility.

Investors holding these bonds should note the record date of December 26, 2025, to ensure smooth processing of their redemption payments when the call option is exercised.

Historical Stock Returns for Union Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.46%-8.25%-3.24%+29.28%+52.23%+368.42%

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1 Year Returns:+52.23%