Intentar ORO - Gratis
Union Bank: Value amid slump
Mint Mumbai
|July 11, 2025
Union Bank of India's shares are down 3% since its soft June quarter business update.
The bank's domestic deposit growth came in at just 3.6% year-on-year, and advance growth was 6.7%. The deposit growth rate being almost half of the advance growth rate should not be a big concern in the near future, as Union Bank's loan-to-deposit ratio is moderate at 73% based on FY25.
It allows the bank to grow its advances faster than deposits, thereby showing higher profit growth in the short term. However, revival in deposit growth is crucial to sustain growth in the long term, as deposits for a bank are like raw material for a manufacturing firm.
Esta historia es de la edición July 11, 2025 de Mint Mumbai.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Mint Mumbai
Mint Mumbai
Road ministry outlay to stay flat, in push for pvt capital
The Centre may keep the road ministry's allocation in the Union Budget 2026-27 nearly unchanged from the previous year's ₹2.72 trillion, aiming to shift focus towards attracting private investment, even as highway construction slows, according to two officials close to the discussions.
4 mins
January 14, 2026
Mint Mumbai
PFRDA sets up panel to prepare assured NPS payout framework
The Pension Fund Regulatory and Development Authority (PFRDA) has constituted a high-level committee to formulate guidelines to enable a framework for assured payouts under the National Pension System (NPS).
1 mins
January 14, 2026
Mint Mumbai
HCLTech reports $146 mn in advanced AI revenue, up 46%
HCL Technologies
2 mins
January 14, 2026
Mint Mumbai
Why US-led Pax Silica matters for India
Pax Silica follows earlier US-led efforts such as the 2022 Mineral Security Partnership and Quad Critical Minerals Initiative.
2 mins
January 14, 2026
Mint Mumbai
Quick commerce firms to rethink 10-minute delivery
India's quick commerce companies may have to rethink their much-touted 10-minute delivery promise.
1 mins
January 14, 2026
Mint Mumbai
India pulls solder wire QCO to ease electronics production
India has scrapped a crucial quality control order (QCO) on flux-cored solder wire, used in electronic items such as televisions, mobile phones, chargers, and earphones, to support domestic manufacturing and boost exports.
1 min
January 14, 2026
Mint Mumbai
INSIDE INDIA'S STRUGGLE TO BUILD A BATTERY SUPPLY CHAIN
Battling aggressive Chinese pricing, a new wave of 'midstream' companies is trying to localize critical components
6 mins
January 14, 2026
Mint Mumbai
Founders of footwear co RedTape looking to sell stake
Indian footwear firm RedTape’s founders are soliciting interest from Blackstone and KKR as they look to sell a majority stake or even their entire holding worth nearly $510 million, as per people and a document seen by Reuters.
1 min
January 14, 2026
Mint Mumbai
Central bank autonomy must not be trifled with
Independence holds the key to long-term financial stability and economic growth. It liberates the central bank’s pursuit of pre-defined policy goals from short-term political calculations
2 mins
January 14, 2026
Mint Mumbai
Indian car sales rise 26.8% in December
Indian carmakers' sales to dealers jumped 26.8% in December, their biggest monthly rise of 2025, as tax cuts made several models more affordable and spurred demand, industry data showed on Tuesday.
1 min
January 14, 2026
Listen
Translate
Change font size