Union Bank of India, one of the largest public sector banks of India, is planning to open 21 new branches in Odhisa by the end of this financial year. The bank's total business in the state as on March 31, 2014 stood at Rs 14,864.38 crore comprising Rs 7,819.03 crore deposits and total advances of Rs 7,045.35 crore. Meanwhile, the bank will also focus on strengthening its loan portfolio under retail, agriculture and MSME (micro, small & medium enterprises) sectors in 2014-15.
The bank posted a fall of 26.66% in its net profit at Rs 578.96 crore for the quarter ended March 31, 2014 as compared to Rs 789.38 crore for the same quarter in the previous year. However, total income of the bank increased by 12.59% at Rs 8444.95 crore for quarter under review as compared to Rs 7500.59 crore for the quarter ended March 31, 2013.
Company Name | CMP |
---|---|
SBI | 816.55 |
Bank Of Baroda | 265.75 |
PNB | 126.10 |
Canara Bank | 558.05 |
Union Bank Of India | 144.80 |
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