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:

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.

Union Bank of India has released its provisional business update for the quarter ended December 31, 2025, demonstrating steady growth across key business metrics. The state-owned bank reported encouraging performance in its lending portfolio, with particular strength in retail, agriculture, and MSME segments, alongside improved deposit quality metrics.

Advances Portfolio Performance

The bank's lending business showed robust growth momentum during the quarter. The advances portfolio delivered strong year-on-year growth across all segments:

The RAM (Retail, Agriculture, and MSME) segment emerged as a key growth driver, registering the highest growth rate of 11.49% year-on-year. This performance reflects the bank's strategic focus on priority sectors and retail banking expansion.

Sequential Growth Trends

Comparing sequential quarterly performance, the bank maintained consistent growth momentum across key metrics:

Deposit Mobilization and CASA Performance

The bank's deposit base and current account savings account (CASA) metrics showed positive year-on-year trends:

The improvement in CASA ratio to 33.95% indicates enhanced deposit quality and reduced funding costs for the bank. The 53 basis points year-on-year improvement demonstrates the bank's success in attracting low-cost deposits. However, global deposits declined 0.95% quarter-on-quarter from ₹12,34,621 crores in Q2FY26.

Operational Efficiency Metrics

The bank's operational efficiency showed marked improvement with the domestic credit-to-deposit ratio (excluding bank deposits) reaching 80.94% in the December quarter. This represents a significant increase of 360 basis points year-on-year from 77.34% and 393 basis points quarter-on-quarter from 77.01%. This enhanced ratio reflects better asset utilization and improved lending efficiency.

Stock Performance and Market Response

Shares of Union Bank of India ended at ₹157.00 on January 2, gaining ₹3.42 or 2.23% on the day, reflecting positive market sentiment towards the bank's business update. The stock performance indicates investor confidence in the bank's growth trajectory and operational improvements.

Regulatory Compliance

The financial data was released in compliance with regulatory requirements, with provisional figures subject to review by Statutory Central Auditors before the formal declaration of Q3FY26 financial results.