Union Bank of India share price in focus today: Shares of Union Bank of India fell 6% during Wednesday’s intraday trading session on July 09, reaching to ₹141.54, following the release of its Q1FY26 business update, which showed a quarter-on-quarter (QoQ) decline in both deposits and loan growth.
In a filing to the exchanges on Tuesday, the public sector lender reported a 0.85% QoQ drop in global gross advances to ₹9.74 lakh crore, though it reflected a 6.83% year-on-year (YoY) improvement. Domestic advances stood at ₹9.38 lakh crore, down 0.83% QoQ but up 6.75% YoY.
Domestic deposits declined 2.54% QoQ to ₹12.39 lakh crore, while improving 3.62% YoY. Domestic CASA deposits fell 5.43% QoQ to ₹4.03 lakh crore. The total business of the bank grew 5.01% YoY to ₹22.14 lakh crore.
