Net interest income (the difference between interest earned and interest paid) grew by 9% to Rs. 1980 crore from Rs. 1,821 crore in the same quarter previous year. Non-interest income for the quarter grew by 8% to Rs. 875 crore, compared to Rs. 811 crore in same quarter previous fiscal.
Shares of Union Bank rose by 1.42% to end at Rs. 242.60 apeice on the Bombay Stock Exchange (BSE) on Thursday.