Union Bank - Business update
📊 Q3 FY26 Business Highlights (ended Dec 31, 2025)
Steady growth across key banking metrics:
Gross Advances (Global) rose ~7.13% YoY to ₹10,16,805 crore.
Domestic advances increased ~7.42% YoY to ₹9,80,643 crore.
RAM advances (Retail, Agriculture & MSME) showed strong traction with ~11.49% YoY growth — underscoring focus on high-yield segments.
Deposits grew ~3.36% YoY to ₹12,22,856 crore, though slightly down sequentially.
CASA deposits improved both YoY and QoQ, boosting the CASA ratio to ~33.95% — indicating healthier low-cost funds.
Credit-to-Deposit (C/D) Ratio strengthened to ~80.94% (Domestic).
📌 Summary
Union Bank of India’s most recent provisional business update paints a picture of continued growth in advances, improving funding quality (CASA), and strategic focus on retail & MSME segments. While deposit growth remains steady, sequential moderation suggests seasonality, with overall fundamentals trending positively ahead of FY26 Q3 formal results.