Union Bank of India shares declined 4% after the lender reported its weakest quarterly loan growth in the past four quarters. As of 9:20 AM, the shares were trading 4.19% lower at Rs 143.95.
For the quarter ended June 2025, the bank’s global gross advances came in at ₹9.12 lakh crore, up 6.83% year-on-year but down 0.85% sequentially. This marks a slowdown in credit momentum compared to recent trends.
Total business grew 5% YoY to ₹21.09 lakh crore but dipped 1.8% sequentially. Deposits rose 3.63% YoY to ₹11.97 lakh crore, yet were down 2.54% on a quarterly basis. Domestic deposits followed a similar trend—up 3.62% YoY but down sequentially.
Domestic CASA deposits grew a modest 0.92% YoY to ₹3.99 lakh crore. Domestic advances stood at ₹8.79 lakh crore, showing a 6.75% YoY increase but falling 0.83% QoQ. The sluggish loan book expansion appears to have weighed on investor sentiment.
On a positive note, domestic RAM (Retail, Agriculture, MSME) advances rose 10.31% YoY and 2.5% sequentially to ₹4.94 lakh crore, with domestic retail advances jumping 25.6% YoY to ₹1.82 lakh crore.
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