Search For "ubi"
Private banks increased market share in total deposits while PSBs loses 60
Updated : 9 months ago IST
Private banks in India have been steadily increasing their share in total bank deposits over the last five years, while public sector banks (PSBs) have witnessed a decline, according to data shared by Union Bank of India.
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PSU banks gain market share amid slow down in credit growth: UBI Report
Updated : 9 months, 1 week ago IST
The credit growth of Indian banks moderated in the Financial Year 2025, yet Public Sector Banks (PSBs) gained the market share, outperforming their Private Banks (PVBs) counterparts, according to a report by the Union Bank of India.
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Surge in crude prices poses risk to India's current account deficit as eve
Updated : 9 months, 1 week ago IST
Amid rising global crude prices, India's current account deficit (CAD) for FY25 faces an upward risk, as every USD 10 per barrel increase in oil prices can worsen the annual CAD by nearly USD 15 billion, according to a report by Union Bank of India (UBI).
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Retail inflation likely to ease to 6-year low of 3% in May on cooling food
Updated : 9 months, 3 weeks ago IST
Retail inflation, or the Consumer Price Index (CPI), will continue to moderate to 3.0 per cent in May, a six-year low, mainly due to the sequential moderation in prices of cereals and pulses even as most other segments started to strengthen, according to a Union Bank of India (UBI) report.
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Rupee to gain support from a weaker Dollar Index and strong FPI inflows: R
Updated : 10 months ago IST
The Indian rupee will find support in the coming days, buoyed by a weaker US dollar index (DXY) and expectations of strong foreign portfolio investment (FPI) inflows, a report by Union Bank of India (UBI) anticipated.
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India's industrial output likely slowed to 1.2% YoY in April: UBI Report
Updated : 10 months ago IST
India's Index of Industrial Production, a measure of industrial output, will decelerate to 1.2 per cent year on year in April 2025 from 3 per cent in March due to the broad-based slowdown in economic activity, particularly mining and manufacturing.
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India's Q4 FY25 GDP growth likely to accelerate to 7.0%: UBI report
Updated : 10 months ago IST
The growth rate of the Indian economy in the fourth quarter of the financial year 2025 will clock 7.0 per cent, with an uptick from the third quarter (Q3 FY25) of 6.2 per cent, according to a report by Union Bank of India (UBI).
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Rupee to consolidate between Rs 84.63-85.74/USD due to moderation of globa
Updated : 10 months, 1 week ago IST
As the global uncertainties show signs of moderation and geopolitical tensions along India's borders settle, the Rupee will witness stability, said Union Bank of India (UBI) report.
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India's export outlook remains uncertain, trade deficit to widen to 1.2% o
Updated : 10 months, 1 week ago IST
India's trade outlook for the current financial year remains uncertain due to the looming threat of reciprocal tariffs by the United States, according to a report by Union Bank of India.
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Rising gold prices and global tariff tensions poised to push CPI higher in
Updated : 10 months, 2 weeks ago IST
The ongoing global tariff wars and the continued rise in gold prices will significantly impact the overall consumer price index (CPI) in the upcoming months, even if food prices remain stable, according to a report by the Union Bank of India (UBI).
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Indian Rupee may consolidate at 84.40/USD but any escalation at border may
Updated : 10 months, 3 weeks ago IST
The sentiment for the Indian Rupee (INR) has turned more favourable in recent weeks, according to a report by Union Bank of India.
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RBI MPC minutes reflect clear dovish tone, growth taking center stage in p
Updated : 11 months, 1 week ago IST
The minutes of the Monetary Policy Committee (MPC) meeting held on April 7-9 reflect a clear dovish tone, with growth now taking center stage in the RBI's policy approach.
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