Union Bank of India shares fall 7% after Q1 business update lags peers

Union Bank’s advances and business growth have lagged peers so far, with Bank of India having reported a 18.6% loan growth and 14.9% deposits growth.

Union Bank’s advances and business growth have lagged peers so far, with Bank of India having reported a 18.6% loan growth and 14.9% deposits growth.

The savings initiative was lauded by multiple corporate leaders who assured to provide contributions to the accounts intended for children, employees and others.

Maharashtra amends MPID Act to include crypto fraud, allowing authorities to recover digital assets. Aims to protect investors, streamline trials.

Angel One Client base for the company grew by 1.1% from last month to 38.59 million, while gross client addition stood at 0.45 million from 0.42 million in May. This is the first uptick seen in gross client addition after…

Paytm said its wholly owned step-down subsidiary, Paytm Europe Payments SA, has been granted a Payment Institution licence by Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF).

Indian rupee strengthens 19 paise against US dollar as weak US jobs data dampens Fed rate hike expectations.

As many as 1.08 crore shares of PB Fintech changed hands in the block deal. The number of shares that changed hands amount to 2.37% of the total outstanding equity of PB Fintech.

Several financial companies, including Punjab National Bank (PNB), Bajaj Finance, Union Bank of India, among others, will be in focus today, after they released their provisional business updates for the quarter ended June 30, 2026.

Asian stocks mixed after weak US jobs report, cooling Fed rate hike expectations. S&P 500, Nasdaq futures up 0.1%, Nikkei 225 down 1%.

Gold and silver prices surged as weak US employment data eased fears of aggressive Fed rate hikes. COMEX gold rose nearly 2%, silver jumped 2.82%.