• Deposit growth strategy: The bank has raised its CD ratio from 76–77% in March to near 80% and plans to match industry growth by targeting retail term deposits and infrastructure bonds rather than bulk deposits.
• Interim dividend: The board approved an interim dividend of ₹5 per ₹10 share, up from ₹4.75 previously, representing a dividend payout ratio of approximately 20.61–20.65%.
• Proactive provisioning: Union Bank set aside a buffer provision of ₹700 crore during strong performance to prepare ahead of potential Expected Credit Loss (ECL) norms.
• Financial performance: Profit growth stood at 6% alongside improvements in asset quality, Return on Assets (ROA), and Return on Equity (ROE).