Union Bank of India has reported a robust financial performance for the third quarter of the fiscal year 2026, ending December 31, 2025. The public sector lender's net profit surged by 9% year-on-year, reaching ₹5,017 crore, up from ₹4,604 crore in the corresponding quarter of the previous fiscal. This significant increase was primarily attributed to improved asset quality and a decline in provisions. The bank's Net Interest Income (NII), which is the difference between interest earned and interest expended, saw a modest rise of 1% year-on-year, totaling ₹9,328 crore. Asset quality showed marked improvement, with the Gross Non-Performing Assets (NPA) ratio decreasing by 79 basis points year-on-year to 3.06%. Similarly, the Net NPA ratio also improved substantially, falling by 31 basis points year-on-year to 0.51% as of December 31, 2025. This underscores effective credit risk management and recovery efforts by the bank. The total business of Union Bank of India registered a growth of 5.04% year-on-year, reaching ₹22,39,740 crore. Gross advances grew by 7.13% year-on-year, while global deposits increased by 3.36%. The bank also maintained strong capital adequacy, with a Capital to Risk-Weighted Assets Ratio (CRAR) of 16.49%. These results were announced following a board meeting and an earnings call held on January 14, 2026.