Union Bank of India Announces Q4FY24 and 12M FY24 Financial Results

Union Bank of India Announces Q4FY24 and 12M FY24 Results: Net Profit Soars 19% At Rs 3310 Crores on Lower Provisions; NII Up 14%; Declares 36% Dividend

Union Bank of India continues to demonstrate a strong liability franchise: – The Domestic deposits increased by 8.42% YoY to Rs.11,99,197 Crore. Total deposit stood at Rs.12,21,528 Crores at the end of Q4FY24. Credit in…