<ul data-eligibleForWebStory="false"><li>Union Bank of India reported a 5% increase in total business to Rs 21.09 lakh crore for the quarter ended June, with a 1.8% sequential decrease.</li><li>Total deposits rose 3.63% to Rs 11.97 lakh crore, while global gross advances increased by 6.83% to Rs 9.12 lakh crore.</li><li>Domestic retail advances saw a significant growth of 26%, reaching Rs 1.82 lakh crore for the quarter.</li><li>The stock of Union Bank of India closed 1.26% lower at Rs 150.12 apiece on the NSE after the business update, with analysts having a mostly positive outlook on the stock.</li></ul>

Union Bank Q1 Update: Total Business Rises 5%, Domestic Retail Advances Up 26%

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