144.3000 -2.79 (-1.90%)
NSE Jun 25, 2025 15:31 PM
Volume: 10.0M
 

Prabhudas Lilladhar
Slippages of Rs32.7bn continued to be at higher rate and from all sectors Union Bank posted loss of Rs33.6bn of PAT (v/s PLe of Rs1.7bn loss) on back of making higher provisions from RBI's divergence report (Rs22.8bn) and ageing of NPA helping improve PCR to 58.3% from 51.4% in Q3FY19. We have been mentioning that bank remains under provided on provisions and lags amongst banking peers (partly also on delayed recognitions) and hence going ahead will continue to see higher provisions (enhancing PCR) keeping...
Union Bank of India has an average target of 140.60 from 5 brokers.
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