Union bank

The lender's net profit went up by 51% from the same quarter last year to ₹4,984.9 crore. The profitability was also aided by a higher other income component, which stood at ₹5,509 crore, compared to ₹4,707 crore during the same quarter last year. Net interest income (NII), which is the difference between the interest income a bank earns from its lending activities and the interest it pays to depositors, was up 0.8%, coming at ₹9,514 crore against ₹9,436.5 crore in the corresponding quarter of FY24.