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Union Bank of India Q3 Results Review - Operating Performance Healthy; Guidance Maintained: Motilal Oswal

Union Bank of India reported 107% YoY growth in profit after tax to Rs 22.4 billion driven by lower provisions, margin expansion

<div class="paragraphs"><p>A Union Bank of India branch in Mumbai. (Photo: Vijay Sartape/ BQ Prime)</p></div>
A Union Bank of India branch in Mumbai. (Photo: Vijay Sartape/ BQ Prime)
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. 
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