Union Bank of India shares slipped 2.57% to ₹166.60 on Oct 1, after the bank released provisional gross advance figures—caution from investors that higher loan growth may squeeze margins.
Total gross advances leapt 18.53% YoY to ₹11,55,930 crore, outpacing the 12% growth seen in the 2025‑26 fiscal year. Domestic advances rose 17.36% to ₹11,05,807 crore, with a 4.21% sequential rise from June.
Domestic CASA deposits surged 14.66% YoY to ₹4,60,697 crore, nudging the CASA ratio to 34.93%—slightly lower than 35.10% in June but still above the 32.56% a year earlier. Global deposits climbed 6.87% to ₹13,19,457 crore.
Retail, agri and MSME loans up 14.65% YoY to ₹6,35,527 crore; RAM advances grew 4.51% sequentially. Credit‑to‑deposit ratio for domestic business, excluding bank deposits, hit 84.34%, up from 83.38% quarter‑on‑quarter and well above the 77.01% a year earlier.
Total global business reached ₹24,75,387 crore, a 12.02% YoY rise, while domestic business grew 11.41% to ₹24,24,784 crore, cementing Union Bank’s domestic footprint.
These figures are provisional and await statutory audit; the board will likely issue guidance on the annual earnings in the coming weeks, and investors are watching closely to see if the bank can sustain growth without diluting profitability.