union bank of india
Lender's net profit more than doubles year-on-year in June quarter to 32.36 bln rupees
** Interest earned rises 29% to 234.78 bln rupees, while provisions fall 39% to 20.05 bln rupees
** Asset quality improves sequentially with gross non-performing assets (NPA) at 7.34% compared with 7.53% in the previous quarter
** Q1 performance robust, driven by higher treasury gains and lower provisions
** Interest earned rises 29% to 234.78 bln rupees, while provisions fall 39% to 20.05 bln rupees
** Asset quality improves sequentially with gross non-performing assets (NPA) at 7.34% compared with 7.53% in the previous quarter
** Q1 performance robust, driven by higher treasury gains and lower provisions
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