UBI Q4 Profit Zooms 81% On Higher Recoveries From Written-Off Loans

[ad_1] New Delhi: Union Bank of India on Saturday reported an 80.57 percent jump in March quarter net profit at Rs 2,811 crore helped by a huge jump in recoveries from written-off accounts. The state-owned lender’s net profit in entire 2022-23 was Rs 8,512 crore as against Rs 5,265 crore a year ago. In the … Read more