Current Date 04 Apr, 2025
Union Bank of India's shares fall after missing loan and deposit targets.

Union Bank of India's shares fall after missing loan and deposit ...

Union Bank of India's shares dropped nearly 5% after missing loan growth and deposit guidance for fiscal year 2025. Loan growth reached 8.6%, below the 13% target, and deposit growth was 7.2%, short of the 9-11% goal. Despite a sequential increase in total business, the missed targets impacted investor confidence, causing a share price decline.