How has been the historical performance of Union Bank (I)?

Answer:The historical performance of Union Bank (I) shows a significant upward trend in key financial metrics over the years, particularly from March 2020 to March 2025.

Breakdown:
Union Bank (I) has demonstrated robust growth in interest earned, increasing from 37,231.12 Cr in March 2020 to 1,07,725.97 Cr in March 2025. This growth is driven by a rise in interest on advances, which reached 79,066.91 Cr in March 2025, up from 25,078.70 Cr in March 2020. Total income also surged from 42,491.91 Cr in March 2020 to 1,27,538.89 Cr in March 2025. Net interest income followed a similar upward trajectory, climbing from 11,436.75 Cr in March 2020 to 37,213.67 Cr in March 2025. The bank's profit before tax improved significantly, moving from a loss of 4,027.63 Cr in March 2020 to a profit of 23,479.06 Cr in March 2025, while profit after tax also rose from a loss of 2,897.78 Cr to a profit of 17,987.14 Cr in the same period. The bank's total assets increased from 5,52,972.02 Cr in March 2020 to 15,02,886.27 Cr in March 2025, reflecting strong growth in deposits, which reached 13,09,749.52 Cr. The capital adequacy ratio improved to 18.02% in March 2025 from 11.78% in March 2019, indicating a stronger capital position. Overall, Union Bank (I) has shown a remarkable recovery and growth trajectory over the past few years, with significant improvements in profitability, asset quality, and capital strength.