# UNIONBANK (UNIONBANK) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/unionbank

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹178.12
- Change: +0.02%
- As of: 2026-09-18
- 1D return: -0.86%
- 5D return: -1.47%
- 1M return: -4.40%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, Union Bank of India is trading at ₹176.56. The stock exhibits a mixed technical stance across different timeframes. Daily indicators suggest a bearish trend, with the price below key moving averages like the 20-day EMA (₹181.35) and 50-day EMA (₹179.51), and the Supertrend indicator signaling bearish conditions. This is further supported by a 'Bearish Engulfing Reversal' pattern observed on the daily chart. However, the monthly timeframe presents a bullish picture, with the price above the 20-day EMA (₹158.46) and the Supertrend indicator indicating a bullish trend. The weekly timeframe shows the price above its 20-day EMA (₹176.29) and 50-day EMA (₹167.60), but the Supertrend is bearish. The nearest resistance is observed at the pivot level of ₹178.18, approximately 0.92% away, followed by recent highs at ₹180.53 (2.25% away). Key support is identified at ₹175.74, about 0.46% below the current price, with further support at ₹174.74 (1.03% away). The stock has experienced a maximum drawdown of -24% and has an annualized volatility of 35%.

- Daily trend is bearish, with price below key moving averages and Supertrend.
- Monthly trend is bullish, with price above moving averages and Supertrend.
- Weekly trend shows price above moving averages but a bearish Supertrend.
- Nearest resistance is at ₹178.18 (0.92% above current price).
- Nearest support is at ₹175.74 (0.46% below current price).

- Inside Bar
- Bearish Engulfing Reversal
- Harami
- Outside Bar
- Evening Star

### News Context

Over the past seven days, news reports have addressed potential mergers involving public sector banks, though these have been officially debunked. On September 17, 2026, reports indicated that the Centre has refuted a viral gazette notice concerning the merger of nine public sector banks, labeling it as 'fake' following a PIB Fact Check. This follows earlier reports on September 16, 2026, questioning whether the Centre had ordered such a merger. In separate sector news, a report on September 16, 2026, highlighted that banks with the largest customer bases are expected to receive a significant share of UPI fees. Additionally, on September 15, 2026, various banks, including State Bank of India, ICICI Bank, HDFC Bank, and Axis Bank, were noted for their personal loan interest rates.

- September 17, 2026: Centre debunks viral gazette on merger of 9 public sector banks as 'fake' via PIB Fact Check.
- September 16, 2026: Reports questioned a potential merger of 9 public sector banks.
- September 16, 2026: Banks with the largest number of accounts are anticipated to gain the most from UPI fees.
- September 15, 2026: Major banks including SBI, ICICI, HDFC, and Axis Bank were highlighted for their personal loan interest rates.

- 'Fake': Centre debunks viral gazette on merger of 9 public sector banks
- SBI, PNB, Bank of Baroda: Did Centre order merger of 9 public sector banks?
- Top banks to get lion's share of UPI fees
- Need A Personal Loan At A Low Interest Rate? Check What SBI, ICICI, HDFC And Axis Bank Are Offering
- Legal hurdles & fund crunch delaying stalled Supertech projects

### What Changed

On September 18, 2026, Union Bank of India's Tier II Basel III bonds received a reaffirmed "AAA/Stable" rating from Brickwork Ratings India Pvt. Ltd. This rating applies to bonds totaling ₹1,000 Crores. Concurrently, the "AA+/Stable" rating for Additional Tier I Basel III bonds, valued at ₹1,705 Crores, was withdrawn following their redemption between December 2025 and January 2026. The reaffirmation was attributed to the bank's strong operational credit profile, an improved asset quality with Net NPA at 0.47%, and robust capital adequacy ratios as of June 30, 2026. In terms of recent price action, the stock closed at ₹176.56 on September 18, 2026, a decrease from its previous close of ₹178.09.

- On September 17, 2026, Brickwork Ratings reaffirmed the "AAA/Stable" rating for Union Bank of India's Tier II Basel III bonds (₹1,000 Crores).
- The "AA+/Stable" rating for Additional Tier I Basel III bonds (₹1,705 Crores) was withdrawn after full redemption via call options exercised between December 2025 and January 2026.
- The rating reaffirmation cited the bank's strong operational credit profile, Net NPA of 0.47% as of June 30, 2026, and robust capital adequacy ratios.
- Union Bank of India's stock price closed at ₹176.56 on September 18, 2026, down from ₹178.09 previously.

- Union Bank of India has informed the Exchange about Credit Rating |SUBJECT: Credit Rating
- Credit rating |SUBJECT: Credit rating

### Official Filings

Union Bank of India received updated credit ratings and disclosed information regarding its debt instruments. On September 17, 2026, Brickwork Ratings India Pvt. Ltd. reaffirmed a 'AAA/Stable' rating for the bank's Tier II Basel III bonds, totaling ₹1,000 Crores. This reaffirmation was based on the bank's strong operational credit profile, improved asset quality with a Net NPA of 0.47%, and robust capital adequacy ratios as of June 30, 2026. Concurrently, the rating for Additional Tier I Basel III bonds worth ₹1,705 Crores was withdrawn following their redemption. Separately, on August 27, 2026, Fitch Ratings assigned a 'BBB-' rating to the bank's USD600 million senior unsecured notes, reflecting the Indian government's 75% ownership and the high probability of state support. S&P Global Ratings also assigned a 'BBB' long-term issue rating to these same notes on the same date. The bank also disclosed a penalty of ₹1,33,850 imposed by the Reserve Bank of India for deficiencies in currency chests during FY 2021-22 and FY 2022-23, stating the financial impact is not significant. Additionally, the bank announced a change in senior management, with Shri Omprakash Shriniwas Karwa appointed as Chief General Manager effective September 1, 2026, following the superannuation of Shri Suresh Chandra Teli.

- On September 17, 2026, Brickwork Ratings reaffirmed 'AAA/Stable' for ₹1,000 Crores of Tier II Basel III bonds.
- On August 27, 2026, Fitch Ratings assigned 'BBB-' to USD600 million senior unsecured notes.
- On August 27, 2026, S&P Global Ratings assigned 'BBB' to USD600 million senior unsecured notes.
- On September 11, 2026, the bank was notified of a ₹1,33,850 penalty from the Reserve Bank of India for currency chest deficiencies.
- On September 1, 2026, Shri Omprakash Shriniwas Karwa was appointed Chief General Manager.

- Union Bank of India has informed the Exchange about Credit Rating |SUBJECT: Credit Rating
- Credit rating |SUBJECT: Credit rating
- Confirmation of Redemption/Payment of Interest and Principal |SUBJECT: Confirmation of Redemption/Payment of Interest and Principal
- Union Bank of India has informed the Exchange about General Updates |SUBJECT: General Updates
- Union Bank of India has informed the Exchange about Intimation of Strike |SUBJECT: General Updates
- Union Bank of India has informed the Exchange about change in Senior Management of the Bank. |SUBJECT: Change in Management
- Union Bank of India has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- Union Bank of India has informed the Exchange regarding 'Disclosures under SEBI (LODR) Regulations, 2015'. |SUBJECT: Updates
- Union Bank of India has informed the Exchange about Credit Rating- New |SUBJECT: Credit Rating- New

### Fundamentals

Union Bank of India's operating performance shows a mixed trend across the reported quarters. Interest earned increased from ₹26,819.18 crore in Q3 FY2025-26 to ₹27,427.10 crore in Q1 FY2026-27, while interest expended saw a slight decrease from ₹17,369.93 crore to ₹17,205.68 crore over the same periods. Other income experienced fluctuations, rising to ₹5,998.58 crore in Q4 FY2025-26 before settling at ₹5,233.14 crore in Q1 FY2026-27. Total operating expenses have remained relatively stable, with a slight decrease from ₹7,672.14 crore in Q3 FY2025-26 to ₹7,414.31 crore in Q1 FY2026-27. Employees cost showed a dip in Q4 FY2025-26 to ₹3,539.04 crore from ₹4,113.86 crore in the prior quarter, but increased again to ₹3,925.15 crore in Q1 FY2026-27. Other operating expenses also varied, peaking at ₹4,154.23 crore in Q4 FY2025-26.

- Interest earned was ₹27,427.10 crore in Q1 FY2026-27, up from ₹26,819.18 crore in Q3 FY2025-26.
- Interest expended was ₹17,205.68 crore in Q1 FY2026-27, down from ₹17,369.93 crore in Q3 FY2025-26.
- Other income was ₹5,233.14 crore in Q1 FY2026-27, compared to ₹5,998.58 crore in Q4 FY2025-26.
- Total operating expenses were ₹7,414.31 crore in Q1 FY2026-27, a decrease from ₹7,672.14 crore in Q3 FY2025-26.
- Employees cost in Q1 FY2026-27 was ₹3,925.15 crore, an increase from ₹3,539.04 crore in Q4 FY2025-26.

### Bull Case

The company's stock has demonstrated a notable upward trend over the past year, with a return of 29% as of September 18, 2026. This long-term performance is further supported by a year-to-date return of 15%. While the daily trend indicators suggest a bearish sentiment with the Super Trend pointing to 190.89, the monthly trend analysis indicates a bullish outlook, with the Super Trend at 117.77 and a positive ADX of 70.96. The weekly trend also shows signs of strength, with the EMA 20 slope at 3.59 and the SMA 50 slope at 4.76, suggesting upward momentum in the medium term, despite the weekly Super Trend being bearish at 191.76.

- The stock has returned 29% over the past year as of September 18, 2026.
- The year-to-date return for the stock stands at 15%.
- Monthly technical indicators show a bullish trend with the Super Trend at 117.77 and a high ADX of 70.96.
- Weekly trend shows positive EMA 20 and SMA 50 slopes of 3.59 and 4.76 respectively, indicating medium-term upward momentum.

- 'Fake': Centre debunks viral gazette on merger of 9 public sector banks
- SBI, PNB, Bank of Baroda: Did Centre order merger of 9 public sector banks?
- Top banks to get lion's share of UPI fees
- Need A Personal Loan At A Low Interest Rate? Check What SBI, ICICI, HDFC And Axis Bank Are Offering
- Legal hurdles & fund crunch delaying stalled Supertech projects

### Bear Case

The company's stock is currently trading below key short-term moving averages, with the daily Supertrend indicator in a bearish direction as of September 18, 2026. This technical setup suggests potential downward pressure on the stock price in the near term. Furthermore, the stock has experienced a drawdown of 13% from its recent peak, indicating a period of price decline. The annualized volatility stands at 35%, which, combined with a downside deviation of 24%, highlights the potential for significant price swings.

- As of September 18, 2026, the daily Supertrend indicator is bearish.
- The stock has experienced a current drawdown of -13%.
- The annualized volatility is 35% with a downside deviation of 24%.

- 'Fake': Centre debunks viral gazette on merger of 9 public sector banks
- SBI, PNB, Bank of Baroda: Did Centre order merger of 9 public sector banks?
- Top banks to get lion's share of UPI fees
- Need A Personal Loan At A Low Interest Rate? Check What SBI, ICICI, HDFC And Axis Bank Are Offering
- Legal hurdles & fund crunch delaying stalled Supertech projects

### FAQs

**What was the outcome of Union Bank of India's recent credit rating review?**

On September 17, 2026, Brickwork Ratings India Pvt. Ltd. reaffirmed the AAA/Stable rating for Union Bank of India's Tier II Basel III bonds totaling ₹1,000 Crores. Concurrently, the AA+/Stable rating for Additional Tier I Basel III bonds worth ₹1,705 Crores was withdrawn following their full redemption between December 2025 and January 2026. The reaffirmation was based on the bank's strong operational credit profile, an improved Net NPA of 0.47%, and robust capital adequacy ratios as of June 30, 2026.

**What regulatory actions has Union Bank of India faced recently?**

On September 11, 2026, Union Bank of India was informed of a penalty of ₹1,33,850 imposed by the Reserve Bank of India. This penalty was due to deficiencies in three Currency Chests related to mutilated and counterfeit currency notes, and shortages in cash remittances during FY 2021-22 and FY 2022-23. The bank stated that the financial impact is not significant and preventive measures have been implemented.

**What are the recent technical indicators for Union Bank of India?**

As of September 18, 2026, daily technical indicators show a bearish Supertrend direction at 190.89, with the closing price at ₹176.56. The 20-day Exponential Moving Average (EMA) is 181.35 and the 50-day EMA is 179.51. On a weekly timeframe, the Supertrend direction is also bearish at 191.76, while the monthly trend shows a bullish Supertrend direction at 117.77.

**What are the nearest support and resistance levels for Union Bank of India?**

As of September 18, 2026, the nearest identified support level is ₹175.74, which is 0.46% below the current price. The nearest resistance level is ₹178.18, which is 0.92% above the current price.

- 'Fake': Centre debunks viral gazette on merger of 9 public sector banks
- SBI, PNB, Bank of Baroda: Did Centre order merger of 9 public sector banks?
- Top banks to get lion's share of UPI fees
- Need A Personal Loan At A Low Interest Rate? Check What SBI, ICICI, HDFC And Axis Bank Are Offering
- Legal hurdles & fund crunch delaying stalled Supertech projects
- Union Bank of India has informed the Exchange about Credit Rating |SUBJECT: Credit Rating
- Credit rating |SUBJECT: Credit rating
- Confirmation of Redemption/Payment of Interest and Principal |SUBJECT: Confirmation of Redemption/Payment of Interest and Principal
- Union Bank of India has informed the Exchange about General Updates |SUBJECT: General Updates
- Union Bank of India has informed the Exchange about Intimation of Strike |SUBJECT: General Updates
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Downtrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹178.18
- Risk regime: Price Risk Currently Contained

### Support levels
- 174.74
- 171.01
- 163

### Resistance levels
- 182.07625000000002
- 191.10250000000002
- 197.13

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -0.86% |
| return_10 | -6.58% |
| return_1m | -4.82% |
| return_1y | +29.26% |
| return_20 | -4.40% |
| return_3m | +0.25% |
| return_5 | -1.47% |
| return_6m | -0.76% |
| return_since_start | +43.47% |
| return_ytd | +14.96% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | contained_risk |
| label | Price risk currently contained |
| summary | Recent drawdown and price variability remain within the producer's contained-risk thresholds. |
| maximum_drawdown | -23.67% |
| annualized_volatility | +35.15% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Profit rises 30% year-on-year as net interest income expands and provisions decline

Union Bank of India reported net profit of ₹5,368.17 crore for the quarter ended 30 June 2026, a 29.77% increase from the same period in the prior year. The rise was powered by higher net interest income—driven by lower interest expenses—and a sharp drop in provisions. Total segment revenue was almost flat compared with the year‑ago quarter.

## Net interest income rises as interest expenses decline

Net interest income (interest earned minus interest expended) amounted to ₹10,221.42 crore, up 10.58% from ₹9,243.84 crore in the year‑earlier quarter. Interest earned was broadly stable at ₹27,427.10 crore, while interest expended fell 5.62% to ₹17,205.68 crore. The entire expansion therefore came from lower interest costs.

## Operating expenses and provisions

Total operating expenses increased 3.31% year‑on‑year to ₹7,414.31 crore. Employee costs declined 2.65% to ₹3,925.15 crore, while other operating expenses rose 10.94% to ₹3,489.16 crore. On a sequential basis, employee costs were higher than in the preceding quarter, while other operating expenses declined.

Provisions other than tax and contingencies dropped sharply by 41.62% to ₹973.39 crore, from ₹1,667.27 crore a year earlier. Combined with the higher net interest income, this pushed operating profit before provisions up 15.92% to ₹8,040.25 crore. Profit before tax rose 34.13% to ₹7,066.86 crore, and the effective tax rate was approximately 24.0% (compared with about 21.5% in the prior‑year quarter).

## Capital and earnings per share

The Common Equity Tier 1 (CET1) ratio stood at 17.08% as of end‑June 2026, up from 16.39% at end‑March 2026 and 15.86% a year earlier. Basic earnings per share increased 27.41% year‑on‑year to ₹7.39, from ₹5.80 in the prior‑year quarter.

## Key Takeaway

Union Bank of India’s first‑quarter profit increased nearly 30% year‑on‑year, driven by a decline in interest expenses and a steep reduction in provisions, while total revenue was essentially unchanged. The bank’s capital position also improved, with the CET1 ratio rising to 17.08%.

### Ratios

## Official filings

- 2026-09-18 — Credit Rating Update: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/UNIONBANK_18092026114727_RATING18092026.pdf)
- 2026-09-18 — Credit Rating Update: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/UNIONBANK_18092026121947_RATING18092026.pdf)
- 2026-09-18 — Generic Announcement: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2025_WebXMLFile_20260918_175814155.xml)
- 2026-09-15 — Generic Announcement: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/UNIONBANK_15092026172643_SE_letter_15092026_payment8029.pdf)
- 2026-09-11 — Generic Announcement: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/UNIONBANK_11092026195702_11092026_RBI_PENALTY.pdf)
- 2026-09-09 — Generic Announcement: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/UNIONBANK_09092026161430_Strike_Notice.pdf)
- 2026-09-01 — Generic Announcement: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/UNIONBANK_01092026175258_Disclosure_01092026.pdf)
- 2026-09-01 — Generic Announcement: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2025_WebXMLFile_20260901_183010780.xml)
- 2026-08-28 — Generic Announcement: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/UNIONBANK_28082026152138_Disclosure_28082026.pdf)
- 2026-08-27 — Credit Rating Update: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/UNIONBANK_27082026195934_Fitch_Disclosure_27082026.pdf)
- 2026-08-27 — Credit Rating Update: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/UNIONBANK_27082026200846_S_AND_P_Disclosure_27082026.pdf)
- 2026-08-24 — Generic Announcement: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/UNIONBANK_25082026011116_Disclosure_USD.pdf)
- 2026-08-21 — Earnings Presentation: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/UNIONBANK_21082026111941_21082026_Presentation.pdf)
- 2026-08-21 — Credit Rating Update: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/UNIONBANK_21082026174610_FITCH_21082026_.pdf)
- 2026-08-21 — Credit Rating Update: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/UNIONBANK_21082026175335_S_AND_P_21082026_.pdf)
- 2026-08-21 — Generic Announcement: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2025_WebXMLFile_20260821_185002677.xml)
- 2026-08-19 — Generic Announcement: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2025_WebXMLFile_20260819_172956323.xml)
- 2026-08-18 — Generic Announcement: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/UNIONBANK_18082026182602_18082026_RBI_PENALTY.pdf)
- 2026-08-18 — Generic Announcement: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2025_WebXMLFile_20260818_200229175.xml)
- 2026-08-18 — Generic Announcement: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/UNIONBANK_18082026200344_Schedule_Analyst_Meet_21082026.pdf)
- 2026-08-14 — Generic Announcement: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2025_WebXMLFile_20260814_174648500.xml)
- 2026-08-11 — Generic Announcement: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2025_WebXMLFile_20260811_185913819.xml)
- 2026-08-11 — Generic Announcement: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2025_WebXMLFile_20260811_185718738.xml)
- 2026-08-06 — Generic Announcement: Union Bank of India — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2025_WebXMLFile_20260806_162055833.xml)
- 2026-08-06 — Generic Announcement: Union Bank of India will hold a one-to-one in-person investor/analyst meeting with HDFC Asset Management Company Limited on August 11, 2026, at its Central Office in Mumbai. The bank will refer to publicly available documents and will not share any unpublished price-sensitive information during the meeting. — [Official attachment](https://nsearchives.nseindia.com/corporate/UNIONBANK_06082026163808_Schedule_Analyst_Meet_06082026_NSE_BSE_HDFC_Asset_Management.pdf)

## News and market events

- 2026-09-17 — BUSINESSTODAY: **'Fake': Centre debunks viral gazette on merger of 9 public sector banks** — public sector bank mergers, fake gazette, PIB Fact Check, Finance Ministry India, State Bank of India, Punjab National Bank, Bank of Baroda, social media misinformation, PSU banks — [Source](https://www.businesstoday.in/india/story/fake-centre-debunks-viral-gazette-on-merger-of-9-public-sector-banks-556026-2026-09-17)
- 2026-09-16 — MONEYCONTROL: **SBI, PNB, Bank of Baroda: Did Centre order merger of 9 public sector banks?** — Bank merger, PSBs merger, Public Sector Bank merger, PIB Fact Check fake bank merger — [Source](https://www.moneycontrol.com/news/india/sbi-pnb-bank-of-baroda-did-centre-order-merger-of-9-public-sector-banks-14031414.html)
- 2026-09-16 — Times of India: **Top banks to get lion's share of UPI fees** — India Business News: Mumbai: Banks with the largest number of bank accounts will be the biggest gainers as they will receive the lion's share of the fees. While third-part. — [Source](https://timesofindia.indiatimes.com/business/india-business/top-banks-to-get-lions-share-of-upi-fees/articleshow/134275904.cms)
- 2026-09-15 — News18: **Need A Personal Loan At A Low Interest Rate? Check What SBI, ICICI, HDFC And Axis Bank Are Offering** — Planning to take a personal loan? Check the latest starting interest rates offered by major private and public-sector banks, and know what determines the rate you actually get — [Source](https://www.news18.com/photogallery/business/savings-and-investments/need-a-personal-loan-at-a-low-interest-rate-check-what-sbi-icici-hdfc-and-axis-bank-are-offering-shil-ws-l-10330499.html)
- 2026-09-15 — Times of India: **Legal hurdles & fund crunch delaying stalled Supertech projects** — NBCC says legal hurdles and RERA cash-flow rules are delaying completion of 16 stalled Supertech projects; Supreme Court to hear waiver plea on Sept 24. — [Source](https://timesofindia.indiatimes.com/city/noida/legal-hurdles-fund-crunch-delaying-stalled-supertech-projects/articleshow/134247038.cms)
- 2026-09-13 — Economic Times: **Vi eyes ₹35,000-crore loan to fund next decade's capex** — Vodafone Idea is arranging a significant loan to fund its capital expenditures. State Bank of India has approved a substantial portion of this ₹35,000-crore term loan. Other public and private sector banks are expected to join the lending consortium soon. The company needs ₹60,000 crore for service upgrades, with the balance from internal accruals. Kumar Mangalam Birla's continued chairmanship is a condition for this long-term financing. — [Source](https://economictimes.indiatimes.com/industry/telecom/telecom-news/vi-eyes-35000-crore-loan-to-fund-next-decades-capex/articleshow/134220187.cms)
- 2026-09-12 — Economic Times: **RBI to drain Rs 1 lakh crore as VRRR auctions fail to absorb liquidity** — The Reserve Bank of India will drain Rs 1 lakh crore through bond sales this month after VRRR auctions failed to absorb excess liquidity. The move follows dollar inflows, with Governor Sanjay Malhotra signalling multiple tools to manage surplus funds. — [Source](https://economictimes.indiatimes.com/markets/forex/forex-news/rbi-to-drain-rs-1-lakh-crore-as-vrrr-auctions-fail-to-absorb-liquidity/articleshow/134072926.cms)
- 2026-09-11 — Times of India: **Banking services hit as staff join nationwide strike to get 5-day work week** — Assam banking services disrupted as UFBU strike demands 5-day work week, Saturday holidays, and action on PLI, wages and pensions; more strikes threatened. — [Source](https://timesofindia.indiatimes.com/city/guwahati/banking-services-hit-as-staff-join-nationwide-strike-to-get-5-day-work-week/articleshow/134082702.cms)
- 2026-09-11 — BUSINESS: **Market under pressure; PSU bank shares decline** — PSU Bank shares declined after advancing in the past trading session. — [Source](https://www.business-standard.com/markets/capital-market-news/market-under-pressure-psu-bank-shares-decline-126091100527_1.html)
- 2026-09-11 — MONEYCONTROL: **Senior citizens can earn up to 8.5% on FDs: Check the banks offering the highest rates** — Senior citizen fixed deposit interest rates, best FD rates for senior citizens, highest fixed deposit interest rates, small finance bank FD rates, private sector bank FD rates, public sector bank FD rates, foreign bank FD rates, 8.5 percent FD interest rate, fixed deposit investment for retirees, DICGC insurance cover 5 lakh — [Source](https://www.moneycontrol.com/news/business/personal-finance/senior-citizens-can-earn-up-to-8-5-on-fds-check-the-banks-offering-the-highest-rates-14027751.html)
- 2026-09-11 — BUSINESSTODAY: **Vodafone Idea shares gain amid $3.5 billion SBI-led debt financing report** — Vodafone Idea shares, Vodafone Idea share prices, Vodafone Idea shares, Vodafone shares, Vodafone share price — [Source](https://www.businesstoday.in/markets/stocks/story/vodafone-idea-shares-gain-amid-3-5-billion-sbi-led-debt-financing-report-554771-2026-09-11)
- 2026-09-11 — MONEYCONTROL: **Bank strike today: Will branches be open? Here’s what we know** — bank strike, bank strike today, banking holidays, SBI, state bank of India, RBI, Ganesh Chaturthi, bank open today, nse ipo — [Source](https://www.moneycontrol.com/news/india/bank-strike-today-will-branches-be-open-here-s-what-we-know-14027602.html)
- 2026-09-11 — BUSINESSTODAY: **Vodafone Idea shares: SBI-led lenders agree $3.5 billion debt financing, says report** — Vodafone Idea share price today, Vodafone Idea share price, Vodafone Idea share, Vodafone Idea, Vodafone Idea news, SBI, Union Bank, VIL share price, VI share price — [Source](https://www.businesstoday.in/markets/stocks/story/vodafone-idea-shares-sbi-led-lenders-agree-3-5-billion-debt-financing-says-report-554736-2026-09-11)
- 2026-09-11 — BUSINESSTODAY: **SBI-led group agrees to $3.5 billion debt package for Vodafone Idea to fuel network push: Report** — SBI-led group agrees to $3.5 billion debt package for Vodafone Idea to fuel network push: Report — [Source](https://www.businesstoday.in/latest/corporate/story/sbi-led-group-agrees-to-3-5-billion-debt-package-for-vodafone-idea-to-fuel-network-push-report-554734-2026-09-11)
- 2026-09-11 — Economic Times: **NPA provisions fall for a second quarter as banks sustain asset quality** — Aggregate loan loss provisioning by banks dropped significantly year-on-year. This decline was driven by improving asset quality and fewer fresh slippages. Provision coverage ratios also reduced the need for fresh funds. Public sector banks saw a 19.8 percent fall in provisioning. Private sector banks registered a sharper 33.6 percent reduction in provisioning. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/npa-provisions-fall-for-a-second-quarter-as-banks-sustain-asset-quality/articleshow/134037281.cms)
- 2026-09-10 — MONEYCONTROL: **SBI-led group of lenders agree to provide $3.5 billion debt to Vodafone Idea** — Vodafone Idea, Vodafone Idea debt financing, SBI Vodafone Idea loan, SBI-led consortium, Vodafone Idea $3.5 billion loan, State Bank of India, Union Bank of India, NBFID, Kumar Mangalam Birla, Vodafone Idea network investment, Vodafone Idea debt, Vodafone Idea Airtel Jio competition, Vodafone Idea shares, Vodafone Idea latest news, Vodafone Idea funding — [Source](https://www.moneycontrol.com/news/business/sbi-led-group-of-lenders-agree-to-provide-3-5-billion-debt-to-vodafone-idea-14027402.html)
- 2026-09-10 — Economic Times: **SBI-led group of lenders to provide $3.5 billion debt to Vodafone Idea** — Lenders led by State Bank of India will provide Vodafone Idea $3.5 billion debt financing. This funding aims to help the mobile operator rebuild its business and improve its network. Conditions include Kumar Mangalam Birla remaining chairman for the loan's tenure. Indian authorities previously provided a lifeline by capping past spectrum payouts. These actions have helped Vodafone Idea's shares climb significantly this year. — [Source](https://economictimes.indiatimes.com/industry/telecom/telecom-news/sbi-led-group-of-lenders-to-provide-3-5-billion-debt-to-vodafone-idea/articleshow/134018262.cms)
- 2026-09-10 — Economic Times: **Bank strike tomorrow September 11: PNB, Indian Bank, SBI, UCO, list of banks that may face disruptions** — Bank strike on September 11: Several major lenders have warned customers that branch and office services may be affected if employees join the nationwide walkout. The unions have also announced further strikes from September 28 to 30 and threatened an indefinite strike from October 26, with demands including a five-day banking week. — [Source](https://economictimes.indiatimes.com/news/new-updates/bank-strike-tomorrow-today-september-11-canara-bank-union-bank-pnb-indian-bank-sbi-uco-list-of-banks-that-may-face-disruptions/articleshow/134001049.cms)
- 2026-09-10 — FREEPRESSJOURNAL.IN: **Bank Strikes May Disrupt Services Nationwide, Indian Bank, UCO Bank, BoM And PNB Issue Alerts** — Indian Bank, UCO Bank, Bank of Maharashtra and PNB have warned of possible service disruptions during nationwide strikes starting September 11. — [Source](https://www.freepressjournal.in/business/bank-strikes-may-disrupt-services-nationwide-indian-bank-uco-bank-bom-and-pnb-issue-alerts)
- 2026-09-10 — CNBC-TV18: **SBI Chair explains why lending rates may not fall** — The recent spate of forex inflows has led to a liquidity surge, which will flow into loans. Despite the competitive pressures, the new loans may not necessarily be cheaper, says India's biggest banker. — [Source](https://www.cnbctv18.com/business/finance/sbi-chairman-explains-why-lending-rates-may-not-fall-19988359.htm)
- 2026-09-10 — CNBC-TV18: **Union Bank of India lists $600 million bond on NSE-IFSC in GIFT City after 12-year gap** — Union Bank of India listed its 600 million US dollar bond on NSE-IFSC at GIFT City, returning to international debt markets after 12 years. The issue was oversubscribed 7.8 times. — [Source](https://www.cnbctv18.com/market/union-bank-of-india-lists-dollar-600-million-bond-nse-ifsc-gift-city-after-12-year-gap-19988089.htm)
- 2026-09-09 — CNBC-TV18: **Bank strikes: Indian Bank, Bank of Maharashtra and PNB warn of possible disruption** — Indian Bank, Bank of Maharashtra and Punjab National Bank have warned that branch and office operations could be affected by planned bank strikes starting September 11, even as the government has put the public-sector bank performance-linked incentive scheme on hold. — [Source](https://www.cnbctv18.com/business/bank-strikes-indian-bank-bank-of-maharashtra-and-pnb-warn-of-possible-disruption-19987911.htm)
- 2026-09-09 — CNBC-TV18: **Stocks to Watch for September 10: Wipro, Coal India, IRB Infrastructure and more** — From Hindustan Zinc signing a six-year transportation contract with MFL India to deploy 30 electric trucks, to Wipro and CrowdStrike launching a cybersecurity command centre, here are the stocks to watch ahead of Thursday’s trading session. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-september-10-wipro-coal-india-irb-infrastructure-and-more-19987680.htm)
- 2026-09-09 — CNBC-TV18: **Union Bank warns of disruption as bank unions announce strikes from September 11** — Union Bank said it is taking all necessary steps under existing guidelines to deal with the proposed strikes and ensure the smooth functioning of its operations. — [Source](https://www.cnbctv18.com/business/companies/union-bank-warn-disruption-bank-unions-strikes-september-11-19987677.htm)
- 2026-09-09 — BUSINESSTODAY: **Union Bank of India announces one-day strike on September 11** — Union Bank strike September 11, Union Bank strike 2026, bank strike September 11, banking strike India, UFBU strike, five-day banking demand, public sector bank strike, bank holidays September 2026, Union Bank employees strike, banking services disruption India — [Source](https://www.businesstoday.in/industry/banks/story/union-bank-of-india-announces-one-day-strike-on-september-11-554334-2026-09-09)

## Business profile

**Strategic vision:** Commercial bank providing banking products and services.

### Business segments
- **Treasury Operations:** Manages the bank's financial assets and liabilities.
- **Retail Banking Operations:** Serves individual customers with banking solutions.
- **Corporate and Wholesale Banking:** Focuses on commercial enterprises and large corporates.
- **Other Banking Operations:** Encompasses miscellaneous banking activities.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/unionbank
Markdown representation: https://faxioms.com/stocks/unionbank?render=md