Search For "union bank of india ubi"
FY27 budget to prioritise capex, fiscal prudence; limited upside surprises
Updated : 6 months ago IST
With the Union Budget for FY27 scheduled for Sunday, expectations are tamed even as markets remain alert to the possibility of selective positive surprises, according to a pre-Budget note by Union Bank of India (UBI).
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India's wholesale inflation likely turn positive in August after record lo
Updated : 10 months ago IST
Wholesale inflation in India likely turned positive in August 2025, rising to 0.45 per cent year-on-year after recording a contraction of -0.58 per cent in July, according to a report by Union Bank of India (UBI).
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India's Q1 FY26 GDP likely at 7% up from 6.5% in Q1 FY25: UBI
Updated : 10 months ago IST
India's GDP for the first quarter of financial year 2026 is expected to clock a growth rate of 7 per cent, up from 6.5 per cent in the first quarter of Financial year 2025 (Q1 FY25), according to a report by Union Bank of India (UBI).
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Surge in crude prices poses risk to India's current account deficit as eve
Updated : 1 year, 1 month 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 : 1 year, 1 month 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 : 1 year, 2 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 Q4 FY25 GDP growth likely to accelerate to 7.0%: UBI report
Updated : 1 year, 2 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 : 1 year, 2 months 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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Rising gold prices and global tariff tensions poised to push CPI higher in
Updated : 1 year, 2 months 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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Feb trade surplus suggests a sharp downside risk to India's current accoun
Updated : 1 year, 4 months ago IST
India's current account deficit is likely to see a sharp downside risk for FY25 GDP, as seen in the sharp positive surprise in February trade data according to a report by the Union Bank of India (UBI). India's trade deficit for February 2025 has seen a rare surplus of USD 4.4 billion. Read More
RBI imposes Rs 1 crore penalty on Union Bank of India for non-compliance w
Updated : 4 years, 8 months ago IST
New Delhi [India], November 29 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on the Union Bank of India (UBI) for non-compliance with certain provisions of its directions relating to fraud classification and reporting and sale of stressed assets.
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Union Bank to pick up 9 pc stake in NARCL
Updated : 5 years, 1 month ago IST
New Delhi [India], June 7 (ANI): Union Bank of India (UBI) on Monday said it will pick stake in the National Asset Reconstruction Company Ltd (NARCL) and has identified Non Performing Assets (NPAs) worth Rs 7,800 crore to be transferred to the proposed bad bank for resolution.
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