ALFA Filings
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Union Bank of India appointed Sowmya Sridhar as Chief Risk Officer for 39 months. She succeeds Ashwani Kumar Ramakrishna Choudhary following the completion of his tenure.
Union Bank of India appointed Smt. Sowmya Sridhar as Chief Risk Officer until August 2029. She succeeds Shri Ashwini Kumar Ramakrishna Chowdhary upon his tenure completion.
Union Bank of India appointed Debasish Prusty as Nominee Director, replacing Rohan Chand Thakur. This change brings extensive public finance and governance experience to the board.
Union Bank of India appointed Dr. Debasish Prusty as Government Nominee Director. He brings 26 years of public finance and sustainable development experience.
Union Bank invested ₹22.64 Crore in its joint venture ASREC (I) Ltd. This increases the Bank's stake from 26.02% to 27.30%, strengthening its position.
Union Bank of India submitted its annual disclosure for the centralized database of corporate bonds and debentures as of March 31, 2026. The report details 14 outstanding non-convertible securities with an aggregate listing value of ₹25,683 Crore. All instruments maintain high credit ratings, ranging from AA+ to AAA.
Union Bank of India has announced record dates for interest and redemption payments across 14 bond series totaling ₹17,933 Crore. The payments, scheduled between June 2026 and March 2027, cover various Basel III compliant AT1 and Tier II bonds. This disclosure ensures transparency for bondholders regarding upcoming cash flows and debt servicing.
Union Bank of India clarified that recent media reports regarding deposit variations contain factual inaccuracies and unverified information. The Bank affirmed its financial stability, noting that average total deposits for April 2026 reached ₹1,265,339 Crore, exceeding Q4 FY 2025-26 levels. The Bank confirmed no material impact on its financial position or operations.
Union Bank of India reported FY26 Net Profit of ₹18,697 crores and interest income of ₹1.06 lakh crores, focusing on RAM segment growth and shifting from bulk to retail deposits.
Union Bank of India reported a net profit of ₹18,697 Crore for FY26. The bank achieved a 5.78% YoY growth in total business, reaching ₹23,85,502 Crore. Asset quality improved with Gross NPA reducing to 2.82% and Net NPA to 0.48%. The Board recommended a dividend of ₹5.00 per equity share.
Union Bank reported Q4 FY26 Net Profit of ₹5,316 Cr (up from ₹4,985 Cr YoY) and Operating Profit of ₹7,955 Cr. Strategy focuses on 'Business First, Compliance Always' with RAM segment driving credit growth.
Union Bank of India reported its audited financial results for the quarter and year ended March 31, 2026. The Board recommended a dividend of ₹5 per equity share. The results include a 'NIL' statement of deviation in fund utilization and security cover for debt securities.
Union Bank of India reported an annual standalone Net Profit of ₹18,697.14 Crore for FY2025-26. The Board recommended a dividend of ₹5 per equity share (50%). Total standalone income for the year reached ₹1,25,427.02 Crore, while consolidated Net Profit stood at ₹19,430.20 Crore.
Union Bank of India reported an annual standalone Net Profit of ₹18,697.14 Crore for FY2025-26. The Board recommended a dividend of ₹5 per equity share (50%). Total standalone income for the year reached ₹1,25,427.02 Crore, while consolidated Net Profit stood at ₹19,430.20 Crore.
Union Bank of India has scheduled a Board Meeting on April 23, 2026. The board will consider audited standalone and consolidated financial results for the year ended March 31, 2026, and recommend a final dividend. Trading window for designated persons is closed until April 25, 2026.
Union Bank of India has scheduled a Board Meeting on April 23, 2026, to consider audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board will also consider recommending a dividend for FY 2025-26. Consequently, the trading window for bank securities remains closed until April 25, 2026.
Union Bank of India announced the cessation of Suraj Srivastava as a Non-Executive Independent Director, effective April 11, 2026. This leadership change marks the conclusion of his tenure on the bank's board.
Union Bank of India announced that Shri Suraj Srivastava, Part-time Non-Official Director, completed his one-year tenure on April 10, 2026. He ceased to be a Director of the Bank effective April 11, 2026.
Union Bank of India submitted its half-yearly statement of debt securities for the period ended March 31, 2026. The bank reported a total of ₹17,933 Crore in outstanding debt instruments, comprising various Basel III compliant Tier 1 and Tier 2 bonds. The filing ensures regulatory compliance with SEBI master circulars regarding ISIN specifications.
Union Bank of India submitted its quarterly compliance certificate for the period ended March 31, 2026. The Registrar and Share Transfer Agent, KFin Technologies, confirmed that security certificates received for dematerialisation were processed, listed on stock exchanges, and duly mutilated/cancelled as per SEBI regulations.
Union Bank of India reported provisional business figures for FY26, with total global business reaching ₹23,85,679 Crore, a 5.79% YoY growth. Global advances grew 9.76% to ₹10,78,779 Crore, while domestic CASA deposits increased 7.90% YoY. The bank's domestic CD ratio improved to 80.41%, reflecting steady credit demand.
Union Bank of India reported provisional global business of ₹23,85,679 Crore for FY26, a 5.79% YoY growth. Global advances rose 9.76% to ₹10,78,779 Crore, while domestic CASA deposits grew 7.90% YoY. The bank's domestic CD ratio stood at 80.41%, reflecting steady credit demand and operational momentum ahead of final audited results.