Union Bank Q3 Results: Profit jumps 107% YoY to Rs 2,245 crore; NII up 20%
The net interest income of the bank for the quarter ended 31st December 2022 grew by 20.26% to Rs 8,628 crore from Rs 7,174 crore for the quarter ended 31st December 2021. Its net interest margin or NIM rose to 3.21% during the December 2022 quarter, higher by 21 bps year-on-year (YoY) and 6 bps quarter-on-quarter (QoQ).
