Tag: union bank of india

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Posted in Economy

Despite downward revision in nominal GDP, India’s fiscal dynamics remain comfortable: UBI Report

New Delhi: Despite a downward revision in nominal GDP following a change in the base year, India’s overall fiscal dynamics remain very comfortable, with the…

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India’s third-quarter GDP for FY26 likely at 8.3% despite adverse base effect: UBI Report

The country’s Gross Domestic Product (GDP) growth for the third quarter of the current financial year (Q3 FY26) is likely to remain elevated at 8.3…

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India now in ‘middle ground’ after fresh US tariffs but any hike will erode its advantages: UBI Report

New Delhi [India]: India occupies a relative middle ground following the latest tariff developments by the United States, but any uniform tariff hike under Section…

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New labour codes weigh on BFSI sector’s earnings

Mumbai: India’s revamped labour codes, which have dented the third-quarter bottom lines of the $280-billion, globally tracked outsourcing industry, have also left their imprint on…

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The high court, however, refused to immediately stay the proceedings initiated by Union Bank of India to classify the bank account as fraudulent (HT Photo/Shruti Kakkar)
Posted in Business

Delhi HC to Union Bank on RHFL| Business News

NEW DELHI: The Delhi High Court on Monday questioned the Union Bank of India for issuing a show cause notice to Reliance Housing Finance Limited (RHFL), a…

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India retail inflation likely inched up to 1.66% in December as food prices rise: Report

New Delhi: Retail inflation in India has likely edged up in December 2025 to 1.66 per cent from 0.71 per cent in November, with food…

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RBI may further cut repo rate by 25 bps to 5% in February policy meet: UBI report

Mumbai: The Reserve Bank of India (RBI) may reduce the repo rate by 25 basis points (bps) in its February monetary policy meeting, taking the…

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Russia's Sberbank allowed to import gold into India
Posted in Economy

Russia’s Sberbank allowed to import gold into India

New Delhi: India on Friday added Russia’s Sberbank to the list of banks permitted to import gold into the country. “The name of the Sberbank…

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Despite tariffs, India’s Q2 FY26 GDP growth likely at 7.5%, higher than last year: Union Bank Report

India’s economic growth is expected to come in strong for the second quarter of the current financial year, with GDP likely to rise 7.5 per…

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More Indian lenders to appear in top 100 global banks list soon: RBI Guv Sanjay Malhotra

India will soon have more domestic lenders featured in the top 100 global banks list, given the pace of economic expansion and growth in the…

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