Union Bank of India has released the transcript of its post-earnings call held on October 30, 2025, following the announcement of its unaudited financial results for the quarter ended September 30, 2025. The searchable PDF transcript is available on the bank’s website, providing insights into the bank’s performance and future strategies discussed during the call with analysts and investors. Key highlights from the call include discussions on asset quality, NIM management, and growth plans.
Earnings Call Transcript Released
Union Bank of India announced the availability of the transcript from its post-earnings conference call related to the financial results for Q2 FY26, which ended on September 30, 2025. The call took place on October 30, 2025, and the transcript is now accessible as a searchable PDF document.
Key Discussion Points
During the earnings call, management provided insights on several key areas:
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Asset Quality: Discussions revolved around improvements in asset quality, with gross NPA reducing to 3.29% and net NPA declining to 0.55%. The Provision Coverage Ratio (PCR) stood at 95.13%, highlighting a well-provisioned balance sheet.
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Profitability: The bank’s net profit for Q2 FY26 was reported at Rs. 4,249 crores, reflecting a 3.25% quarter-on-quarter increase. For the first half of FY26, the net profit reached Rs. 8,365 crores.
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Business Growth & Strategy: The bank is cautiously curtailing high-cost bulk deposits to maintain margins. Retail term deposits plus CASA grew by Rs. 1,03,000 crores year-on-year. Retail lending growth was approximately 23.98%, and MSME lending growth was 14.88% for the same period.
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NIM Management: Net Interest Margin (NIM) was maintained at 2.67%, with the bank focusing on a strategic mix of retail to bulk deposits at a ratio of 75/25.
Future Outlook
Management indicated a strategic focus on sustainable growth and a balanced approach between top-line expansion and bottom-line strength. The bank aims to maintain a CD ratio between 78.5% and 80% and is targeting a loan growth of 9% to 10%, aligning with India’s projected GDP growth.
Leadership Comments
The Managing Director and CEO, Shri Asheesh Pandey, emphasized the bank’s commitment to serving customers and maintaining its core values. He highlighted the bank’s efforts to balance growth with profitability and its strategic priorities for the coming quarters.
Source: BSE