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Bengaluru, 9th May 2025 : The Board of Directors of Union Bank of India approved the accounts of the Bank for the Quarter/Year ended March 31, 2025.
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Key Highlights in FY25
Net Profit of the Bank increased by 31.79% on YoY basis during FY25. Non- interest income of Bank grew by 23.21% on YoY basis during FY25.
Total Business of the Bank increased by 7.82% YoY, wherein Gross Advances increased by 8.62% YoY & Total Deposit grew by 7.22% YoY. Bank has a total Business of Rs.22,92,644 Crores as on March 31, 2025.
Global deposits have increased by 7.22% YoY. Bank now has total deposits base of Rs.13,09,750 Crores as on March 31, 2025.
RAM Segment of the Bank increased by 10.17% YoY, with in which 22.14% growth in Retail and 12.50% growth in MSME advances is achieved on YoY basis. RAM advances as a percent of Domestic Advances stood at 56.20%.
Gross NPA (%) reduced by 116 bps on YoY basis to 3.60% and Net NPA (%) reduced by 40 bps on YoY basis to 0.63% as on 31.03.2025.
CRAR improved from 16.97% as on 31.03.2024 to 18.02% as on 31.03.2025. CET-1 ratio improved from 13.65% as on 31.03.2024 to 14.98% as on 31.03.2025.
Bank’s Return on Assets improved by 23 bps on YoY basis to 1.26% & Return on Equity improved by 162 bps on YoY basis to 17.20% during FY25.
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Key Summary of Results
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Particulars
(Rs. in crores)
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Quarterly
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Yearly
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Dec-24 (Q)
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Mar-25 (Q)
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QoQ (%)
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Mar-24 (FY)
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Mar-25 (FY)
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YoY (%)
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Total Business
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21,65,726
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22,92,644
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5.86
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21,26,412
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22,92,644
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7.82
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Global Deposits
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12,16,562
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13,09,750
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7.66
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12,21,528
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13,09,750
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7.22
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Current Deposits
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66,912
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86,410
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29.14
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73,785
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86,410
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17.11
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Savings Deposits
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3,28,416
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3,39,916
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3.50
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3,36,349
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3,39,916
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1.06
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CASA
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3,95,328
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4,26,325
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7.84
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4,10,134
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4,26,325
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3.95
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CASA (%)-domestic
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33.43
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33.52
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9 bps
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34.20
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33.52
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-68 bps
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CD Ratio (%)
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80.38
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77.35
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-303 bps
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75.65
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77.35
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170 bps
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Retail
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2,01,812
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2,16,777
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7.42
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1,77,488
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2,16,777
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22.14
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Agriculture
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1,85,284
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1,78,479
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-3.67
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1,83,833
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1,78,479
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-2.91
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MSME
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1,30,437
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1,36,423
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4.59
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1,21,269
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1,36,423
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12.50
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Gross Advances
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9,49,164
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9,82,894
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3.55
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9,04,884
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9,82,894
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8.62
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Earnings
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Interest Income
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26,958
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27,695
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2.74
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99,778
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1,07,726
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7.97
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Non-Interest Income
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4,417
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5,559
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25.87
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16,080
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19,813
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23.21
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Interest Expenditure
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17,718
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18,181
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2.62
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63,208
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70,512
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11.56
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Operating Expenses
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6,165
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7,373
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19.59
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24,440
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25,937
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6.12
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Net Interest Income
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9,240
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9,514
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2.96
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36,570
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37,214
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1.76
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Operating Profit
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7,492
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7,700
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2.78
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28,211
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31,090
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10.21
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Net Profit
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4,604
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4,985
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8.28
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13,648
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17,987
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31.79
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Ratios
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NIM (%)
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2.91
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2.87
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-4 bps
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3.10
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2.91
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-19 bps
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Cost of Deposits (%)
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5.56
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5.60
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4 bps
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5.22
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5.53
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31 bps
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Yield on Advances (%)
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8.78
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8.72
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-6 bps
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8.73
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8.74
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1 bps
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Cost to Income Ratio (%)
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45.14
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48.91
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377 bps
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46.42
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45.48
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-94 bps
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RoA (%)
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1.30
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1.35
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5 bps
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1.03
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1.26
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23 bps
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Gross NPA (%)
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3.85
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3.60
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-25 bps
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4.76
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3.60
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-116 bps
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Net NPA (%)
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0.82
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0.63
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-19 bps
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1.03
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0.63
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-40 bps
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PCR (%)
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93.42
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94.61
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119 bps
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92.69
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94.61
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192 bps
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CET-1 (%)
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13.59
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14.98
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139 bps
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13.65
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14.98
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133 bps
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CRAR (%)
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16.72
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18.02
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130 bps
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16.97
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18.02
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105 bps
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Network:
- 8,621 Branches including foreign branches
- 8,910 ATMs
- 23,574 BC points
- 135 MLPs (MSME Loan Points)
- 137 RLPs (Retail Loan Points)
- 54 ALPs (Agriculture Loan Points)
- 114 Union MSME First Branches
- 1,685 Gold Loan Points
- 12 LCBs & 38 MCBs
- 3 SAMBs & 30 ARBs
Financial Inclusion schemes:
Financial Inclusion schemes launched by GOI with an aim to eliminate barriers and provide economically priced financial services to the less accessible sections of the society through government-backed schemes like PMJJBY, PMSBY, PMJDY and APY.
- Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY):
This is a Government- backed insurance scheme; where 6.08 lakhs new enrollments were done by the Bank for the quarter ended March 31, 2025.
- Pradhan Mantri Suraksha Bima Yojana (PMSBY):
This is Government- backed accidental insurance scheme; where 23.27 lakhs new enrollments were done by the Bank for the quarter ended March 31, 2025.
- Pradhan Mantri Jan Dhan Yojana (PMJDY):
Our bank is instrumental in opening 3.21 Crores accounts under PMJDY Scheme with balance of Rs. 13,266 Crores as on 31.03.2025. The corresponding figure was 2.95 Crores account with balance of Rs. 10,918 Crores as on 31.03.2024.
- Atal Pension Yojana (APY):
APY is a pension scheme, primarily targeted at the individuals working in unorganized sector, 2.19 lakh new enrollments were done by Bank for the quarter ended March 31, 2025.
- Union Nari Shakti Scheme for Women Entrepreneurs:
Sanctioned 20,820 Applications for Rs.2,577 crores during 12M FY25
- Credit facility towards Green initiatives: –
- Renewable Energy Sector: –Sanctioned Rs. 28,742 crores as on 31.03.2025
- Union Green Miles: –Sanctioned amount Rs. 779 crores as on 31.03.2025
