Union Bank of India — Q1FY27 earnings call summary

Filed 21 July 2026 · Official transcript

ECLGS disbursement at INR10,000 crores; total expected INR14,000-15,000 crores
NIM improved to 2.80%; cost of deposits reduced by 18 bps; capital adequacy at 18.46%
Bank focuses on five pillars: Efficiency, Robustness, Quality & Sustainable Growth, Profitability, Customer Centricity
Average CASA maintained at INR24,000+ crores; RTD at INR17,000 crores; bulk deposits reduced by INR18,000-20,000 crores
Credit growth pipeline over INR1,00,000 crores; aiming 18-20% growth in MSME, agriculture, retail sectors
Asset quality stable with GNPA/NNPA levels among best; additional provisions of INR800 crores made
PSLC fee income at INR217 crores this quarter; total ECL provisions required approx INR11,300 crores
LCR ratio improved to 121%; credit-deposit ratio comfortable at 86%; deposit growth prioritized in CASA and retail term deposits