Union Bank advances surge; promoter holding remains stable

Union Bank of India (BSE:UNIONBANK) has announced a strong performance in its advances portfolio, with total advances crossing INR 9.82 trillion, reflecting an 8.62% year-over-year growth as of March 31, 2025. Domestic RAM advances also showed robust expansion, reaching INR 5.34 trillion, a 10.63% increase compared to the previous year. Domestic retail advances experienced even more significant growth, climbing to INR 2.17 trillion, a 22.14% increase year-over-year.