Union Bank of India today reported a net profit of Rs 579 crores for the quarter ending March 31, 2014. Net interest income during the period rose to Rs 2052 crores during the period.
Asset quality which has remained a key concern for the banking sector deteriorated with the gross non performing assets coming in at 4.08 per cent as against 3.85, quarter on quarter.
Net non performing assets also rose at 2.33 per cent as against 2.26 per cent in the previous quarter.
The board of directors of Union Bank have declared a final dividend of Rs1.3 per share. The stock was down 6.59 per cent in trade.
GoodReturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google