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Union Bank of India cuts 2025-26 headline inflation forecast, largely in l
Updated : 8 months, 1 week ago IST
In a report, the bank said June 2025 retail inflation will be at 2.3 per cent, with the worst seems to be over for now. According to them, July figures would be the near-term bottom.
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Wholesale inflation likely rose to 0.8% in June on food, fuel price surge:
Updated : 8 months, 1 week ago IST
Wholesale inflation in India likely surged to 0.80 per cent year-on-year in June 2025 from 0.39 per cent in May, mainly due to a month-on-month rise in food, fuel and core inflation, according to a report by Union Bank of India.
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India's fiscal consolidation & capex boost went hand-in-hand in Apr-Ma
Updated : 8 months, 3 weeks ago IST
India has made a promising start to the financial year 2025-26 (FY26), as both fiscal consolidation and capital expenditure (capex) are moving forward together, according to a report by Union Bank of India.
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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 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 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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Cut in edible oil import duty and above normal monsoon likely to further e
Updated : 9 months, 1 week ago IST
The recent above normal rainfall and a significant cut in import duties on edible oils are expected to support easing food inflation in the coming months, according to a report by Union Bank of India.
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Rate Cut Cycle likely over now, policy to stay data-driven: Union Bank of
Updated : 9 months, 2 weeks ago IST
The recent policy actions by the Reserve Bank of India (RBI) appear to mark the end of the current interest rate cutting cycle, according to a report by Union Bank of India.
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Retail inflation likely to ease to 6-year low of 3% in May on cooling food
Updated : 9 months, 2 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 : 9 months, 4 weeks 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 : 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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Union Bank of India Empowers Dreams: Chhonzin Angmo Becomes First Visually
Updated : 10 months ago IST
Mumbai (Maharashtra) [India], May 23: Chhonzin Angmo has etched her name in history by becoming the first visually impaired female to stand atop the world's highest peak. Her quest to the pinnacles of glory was supported by Union Bank of India. With unwavering determination, Angmo reached Mo
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