Union Bank of India reported a robust 50% surge in net profit for the March quarter, reaching ₹4,985 crore, driven by a significant increase in treasury gains. For FY25, net profit increased by 32% year-on-year, reaching ₹17,987 crore. While loan and deposit growth fell short of targets, the bank successfully reduced its gross non-performing assets ratio below 4%.
QSR chains stay resilient amid LPG shortage: Karan Taurani
India’s food service industry faces temporary LPG supply constraints. Smaller restaurants are feeling the pinch, while major quick-service restaurant chains are largely unaffected. Experts suggest