Union Bank of India shares slide after single-digit loan growth for fifth straight quarter

Union Bank of India’s domestic advances in the RAM (Retail, Agri, MSME) segment stood at 9.3% to ₹5.54 lakh crore during the September quarter. The management had earlier highlighted that it will be able to sustain the double-digit growth in the RAM segment, but it has failed to achieve that this quarter.

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