In its filing to the stock exchanges on Tuesday, the bank highlighted year-on-year (YoY) growth across most areas but flagged sequential de-growth in several crucial segments, including Domestic CASA Deposits, Total Global Business, and Total Global Deposits.
As per the update, the bank’s Total Business (Global) as of June 30, 2025, stood at Rs 22,14,480 crore, registering a QoQ decline of 1.80%, even though it grew 5.01% on a YoY basis.
On the deposit front, Global Total Deposits dropped 2.54% QoQ to Rs 12,39,936 crore, though still reflecting a 3.63% YoY increase. Similarly, Domestic Deposits fell 2.54% QoQ to Rs 12,39,510 crore but were 3.62% higher YoY.
The most notable decline came from Domestic CASA (Current Account and Savings Account) Deposits, which saw a sharp 5.43% sequential fall, down to Rs 4,03,096 crore. While there was a slight 0.92% increase YoY, the steep quarterly drop signals reduced mobilisation of low-cost deposits—a critical metric for banks’ profitability.
On the lending side, Global Gross Advances came in at Rs 9,74,544 crore, down 0.85% QoQ, but still up 6.83% YoY. Domestic Advances followed a similar trend, declining 0.83% QoQ to Rs 9,38,152 crore, while improving 6.75% YoY.Union Bank of India’s stock is currently trading between its 52-week high of Rs 158.60 and 52-week low of Rs 100.75, indicating it remains within a relatively broad range over the past year.Read more | Q1 results boom: 11 companies set to double profits with up to 2,500% surge. Own any?
On the technical front, the stock’s 14-day Relative Strength Index (RSI) stands at 54.6, suggesting neutral momentum. (Note: An RSI reading below 30 indicates an oversold condition, while a reading above 70 points to an overbought scenario.) The current RSI suggests that the stock is neither in a strong buying nor selling zone, reflecting a balanced sentiment among traders.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
