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Union Bank Shares Slide 5% After Loan Growth, Deposit Guidance Miss Estimates

  • By admin
  • April 4, 2025
  • 12 Views

Union Bank of India reported an 8.6% year-on-year rise in its total loan book, which crossed ₹9.82 lakh crore by the end of Q4FY25. However, this growth fell short of the lender’s earlier guidance of 11–13%. As a result, shares of the PSU lender dropped over 5% on April 4, snapping a two-day winning streak.

In its exchange filing, the bank also reported a miss on deposit growth. While it had guided for a 9–11% increase in total deposits for Q4FY25, global deposits rose only 7.22%, and domestic deposits grew by 6.05% year-on-year

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