Union Bank of India witnessed a significant 50% surge in net profit, reaching ₹4,985 crore for the March quarter, fueled by increased non-interest income and reduced provisions. However, the bank anticipates pressure on net interest margins due to potential rate cuts by the RBI. While loan growth fell short of targets at 8. Post navigation Billionaire Sunil Mittal in talks to buy $2 Billion stake in Haier India: Report India proposes cutting tariff gap with US to less than 4% from 13% to clinch trade deal with Donald Trump: Report