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Union Bank of India posts ₹50.17B Q3 profit; asset quality steady at 3.06% gross NPA
Union Bank of India reported a robust December-quarter net profit of ₹50.17 billion, supported by ₹264.43 billion in interest earned. Provisions and contingencies stood at ₹3.22 billion, while gross NPA remained contained at 3.06%. The bank’s disciplined risk management and stable asset quality underscore continued operational strength and earnings resilience.
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