Union Bank net profit down 68% in Q1
State-run lender Union Bank on Saturday reported a 68 percent decrease in its net profit to Rs 166.32 crore in the quarter ended June 30, as compared to Rs 518.78 crore in the corresponding period last year.
Aug 06, 2016, 17:15 PM ISTRBI gives flexibility to banks for equity investment
Giving more flexibility, the Reserve Bank on Wednesday allowed banks to invest in equities of financial service ventures including stock exchanges and depositories without any prior approval.
Sep 16, 2015, 18:45 PM IST