Union Bank Q1 net profit beats Street, rises 73%
Mumbai, Aug. 2 -- Union Bank on Friday said its first-quarter net profit rose 73.25% on the back of lower provisioning. The bank posted a net profit Rs.224.43 crore for the three months ended 30 June, against Rs.129.54 crore in the year-ago period. A Bloomberg poll of 9 analysts' had estimated a loss of Rs.183 crore....
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