Union Bank of India Q2FY27: net profit up 30.31% YoY to ₹5,537 crore, gross NPA falls to 2.42%
Q2FY27 net profit up 30.31% to ₹5,537 cr, NII up 20.09%; global advances up 18.53%; gross NPA down to 2.42%.
By ScoutQuest · · 1 min read
- Q2FY27 net profit
- up 30.31% to ₹5,537 cr
- NII
- up 20.09% to ₹10,583 crore
- Gross NPA
- down to 2.42%
- Period
- September 2026 (Q2FY27)
- Positioning
- A Government of India-owned (74.76%) public sector bank with 8,713 branches, 8,815 ATMs and 28,654 BC points across India, with global business of ₹24,75,330 crore.
📉 Q2FY27 net profit rose 30.31% YoY to ₹5,537 crore and NII 20.09% to ₹10,583 crore; operating profit grew 18.99% to ₹8,108 crore. H1 net profit was ₹10,870 crore, up 29.95%. Non-interest income fell 6.90% as treasury income dropped 34.60%.
📉 Global advances grew 18.53% to ₹11,55,876 crore against deposit growth of 6.87%, pushing the global CD ratio to 88.13%; MSME advances grew 22.39% and corporate 23.63%, while bulk deposits shrank 9.29%. Domestic CASA ratio was 34.93%.
📉 Asset quality improved: gross NPA fell to 2.42% from 3.29% a year earlier, net NPA to 0.42%, with PCR at 95.20%. CRAR stood at 17.94% with CET I at 16.05%.
🔬 The presentation lists a Board-approved FY27 capital plan of ₹8,000 crore (₹3,000 crore equity, ₹5,000 crore AT-1/Tier-2), 150 new branches for FY26-27, 14 new initiatives launched in Q2, the Union Sudarshan intelligence hub and an ecosystem banking vertical with 10 hubs and 118 centres.
Also from Union Bank of India
Union Bank of India reported Q2 profit up 30%, the highest growth among banks, helped by 18.5% advances growth and a 20 basis point rise in NIMs, though deposit growth lagged below 7%
21 Oct 2026
Union Bank of India management discussed deposit growth, CD ratio, liquidity and treasury income trends in an earnings interview
21 Oct 2026
Audio recording of post earnings call for September 2026 quarter made available
19 Oct 2026
More numbers
- Net profit, Q2FY275,537 (₹ in crore)
- Net profit YoY growth, Q2FY2730.31
- Net interest income, Q2FY2710,583 (₹ in crore)
- Operating profit, Q2FY278,108 (₹ in crore)
- Net profit, H1FY2710,870 (₹ in crore)
- Global business, Sep-2624,75,330 (₹ in crore)
- Global advances, Sep-2611,55,876 (₹ in crore)
- Global deposits, Sep-2613,19,455 (₹ in crore)
- CASA ratio (domestic), Sep-2634.93%
- Gross NPA, Sep-262.42
- Net NPA, Sep-260.42
- PCR, Sep-2695.20
- CRAR, Q2FY2717.94%
- Board approved capital plan total, FY278,000 (₹ in crore)
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