The bank’s net interest income also grew, climbing 13% year-on-year to reach ₹3,123 crore.
Read MoreThe bank’s net interest income also grew, climbing 13% year-on-year to reach ₹3,123 crore.
The changes in MCLR may benefit borrowers with loans linked to MCLR. They may be eligible for lower rates of interest on home loans.
RBI noticed that Union Bank did not transfer the eligible unclaimed amounts to the DEAF within the prescribed time, violating the rules in force.
The issue may be done through public offers or private placements. This subject to market conditions, and regulatory approvals, stated the public lender.
The business reported a Net Interest Income (NII) registered a growth of 1.5% to ₹42,774 Crore versus ₹41,655 Crore in Q4FY24.
The bank's core operating income, or net interest revenue (NII), rose 8.3% year on year at ₹2,377.4 crore, reflecting sustained business growth
At 2.00 PM, the Nifty was down 93 points, trading at 24853.2. On the contrary, Sensex was down 269.88 points trading around 81526.27.
At close on June 16, the Sensex was up 677.55 points at 82,176.45. Meanwhile, the Nifty was up 227.90 points to end at 25,001.15.
Here are some of the stocks that may see significant price movement today: Hyundai Motor, Biocon, Zee Entertainment, etc.
Bharat Elec hits 52-week high in Nifty.
At 2.00 PM, the Nifty was down 93 points, trading at 24853.2. On the contrary, Sensex was down 269.88 points trading around 81526.27.
At close on June 16, the Sensex was up 677.55 points at 82,176.45. Meanwhile, the Nifty was up 227.90 points to end at 25,001.15.
Here are some of the stocks that may see significant price movement today: Hyundai Motor, Biocon, Zee Entertainment, etc.
Bharat Elec hits 52-week high in Nifty.
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