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'Buy' Union Bank of India Shares To Get An Upside Of 15% Says Motilal Oswal — Here's Why
Stocks to Buy: Motilal Oswal is positive on Union Bank of India, says asset quality outlook steady but remains watchful on near-term margins.
25 Feb 2025, 07:05 AM IST 
Union Bank of India's focus remains on attracting new-to-bank customers, a critical focus area.
(Photo Source: NDTV Profit)
Union Bank of India's asset quality demonstrates ongoing enhancement, characterized by a consistent decline in NPA ratios. The bank has effectively contained slippages, with the bank ranking the second-best in the industry in terms of recoveries. Union Bank of India continues to maintain its recovery guidance of ~Rs 160 billion in FY25.
