Search For "union bank"
UBI expects IIP growth for November at 4% YoY
Updated : 2 months, 2 weeks ago IST
India's Index of Industrial Production (IIP) is expected to show a sharp recovery in November 2025, rising to 4.0 per cent year-on-year, supported by post-festival normalisation of activity and higher manufacturing output, according to a report by Union Bank of India.
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RBI may further cut repo rate by 25 bps to 5% in February policy meet: UBI
Updated : 2 months, 3 weeks ago IST
The Reserve Bank of India (RBI) may reduce the repo rate by 25 basis points (bps) in its February monetary policy meeting, taking the benchmark rate down to 5 per cent, according to a report by Union Bank of India.
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Lower oil prices, strong services exports to keep India's CAD around 1% in
Updated : 2 months, 4 weeks ago IST
India's external sector outlook remains broadly stable despite recent volatility in trade data, with the current account deficit (CAD) expected to remain around 1 per cent of GDP in FY26, supported by easing commodity prices, resilient services exports and moderating trade pressures, accordi
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Risk to current account dynamics likely to moderate amid recovery in one-o
Updated : 3 months ago IST
Driven by commodity price volatility amid the persistence of the US-India trade deal stalemate, the risk to current account (C/A) dynamics is likely to moderate, as one-off import shocks ease. According to a Union Bank of India report, with the India-US bilateral trade agreement nearing fina
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Food inflation remained at negative 2.78% in November as CPI rose to 0.71%
Updated : 3 months ago IST
Food inflation stayed in deflation during November 2025 at negative 2.78 per cent, rising from the record low of negative 3.7 per cent in October, even as overall consumer inflation edged up. A report by the Union Bank of India shows that the broader price trend in the economy continued to r
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CBI registers cases against Reliance Home Finance and Reliance Commercial
Updated : 3 months, 1 week ago IST
The Central Bureau of Investigation (CBI) has registered two separate cases against Reliance Home Finance Ltd. (RHFL) and Reliance Commercial Finance Ltd. (RCFL), both part of the Reliance ADA Group, for allegedly defrauding Union Bank of India and Bank of Maharashtra to the tune of Rs 22
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Growth surprises push yields higher, market split on RBI MPC outcome: Unio
Updated : 3 months, 1 week ago IST
Stronger-than-expected economic growth has led to hardening of bond yields, leaving the market divided over the Reserve Bank of India's upcoming monetary policy decision, a report by Union Bank of India stated.
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Rupee hits new low as depreciation continues; experts say all eyes on Indi
Updated : 3 months, 2 weeks ago IST
The downside in the Indian rupee, which has been steadily depreciating over the past months, is unlikely to abate soon as it hit yet another record low on Monday.
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No major Rupee depreciation expected in short run; fundamentals largely su
Updated : 3 months, 2 weeks ago IST
The Indian rupee vis-a-vis the US dollar is currently trading in a tight range, under pressure from a mix of domestic strength and external challenges, including US tariffs and persistent capital outflows.
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Despite tariffs, India's Q2 FY26 GDP growth likely at 7.5%, higher than la
Updated : 3 months, 2 weeks ago IST
India's economic growth is expected to come in strong for the second quarter of the current financial year, with GDP likely to rise 7.5 per cent, according to a report by Union Bank of India.
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Rupee likely to inch towards 90 against US dollar by March 2026: Union Ban
Updated : 3 months, 3 weeks ago IST
The Indian Rupee may continue to weaken gradually and inch towards the psychological level of 90 per US dollar by March 2026, highlighted a report by Union Bank of India.
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India's current account deficit expected to rise to 1.7% of GDP in FY26 du
Updated : 3 months, 4 weeks ago IST
India's current account deficit (CAD) is expected to rise to 1.7 per cent of GDP in the current financial year FY26, higher than the bank's earlier projection of 1.2 per cent, according to a report by Union Bank of India.
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