Search For "union bank"
Policy choices over the next 3-6 months are crucial; amid tariffs US Fed s
Updated : 7 months ago IST
The US Federal Reserve will have to time its interest rate cuts carefully as new tariffs could push inflation higher next year, making policy choices over the next three to six months particularly crucial, according to a report by Union Bank of India.
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Delhi Police arrest three notorious ATM fraudsters, 30 ATM cards, Rs 75000
Updated : 7 months, 1 week ago IST
Delhi Police apprehended three notorious ATM fraudsters who were involved in duping a complainant to the tune of Rs 98,000. The accused persons, Dharmender, Saheb Kumar Sahni, and Tuntun, were arrested, and Rs 75,000 in cash and 30 ATM cards of different banks were recovered from their po
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India's CAD to face upward risk amid rising commodity prices: UBI Report
Updated : 8 months ago IST
India's current account deficit (CAD) is likely to see a marginal rise in FY26 as there is minor upward risk on it, noted a report by Union Bank of India.
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US Fed rate cut in September hinges on labour market and inflation: UBI Re
Updated : 8 months ago IST
The possibility of a US Federal Reserve rate cut in September remains open, but it will largely depend on how the labor market and inflation evolve, noted a recent report by Union Bank of India research.
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Trade deficit likely narrowed further in June amid cooling oil prices, slu
Updated : 8 months ago IST
India's merchandise trade deficit likely narrowed modestly to USD 20.7 billion in June, down from USD 21.9 billion in the previous month, driven by easing crude oil prices, muted gold imports, and a shift in sourcing strategy that helped offset global commodity volatility, said a report by U
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Union Bank of India cuts 2025-26 headline inflation forecast, largely in l
Updated : 8 months 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, 2 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 : 8 months, 3 weeks 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 : 8 months, 3 weeks 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 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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