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The country's public sector bank Union Bank has released the business update for the second quarter of the financial year 2025. The bank said that during this period, the bank's deposits have seen a growth of 1.45 percent quarter-on-quarter and 9.17 percent year-on-year, reaching Rs 12.41 lakh crore.

 

The bank said that global gross advances rose to Rs 9.28 lakh crore, an increase of 9.63 per cent year-on-year and 1.82 per cent quarter-on-quarter. Domestic CASA deposits declined by 0.81 per cent quarter-on-quarter to Rs 3.96 lakh crore. Share performance Union Bank of India shares closed 0.025 per cent higher at Rs 119.01 on Friday. The bank's stock has seen a growth of 12.81 per cent in the last one year. The stock's 52-week high is Rs 172.50. Union Bank of India is one of the leading sector banks in the country. The bank is a listed entity and the Government of India holds 74.76 per cent of the bank's total paid-up capital.

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