August 16, 2026 12:12 am (IST)
Follow us:
United Bank of India makes Rs. 42 crore profit in Q3
Kolkata, Feb 10 (IBNS): United Bank of India (UBI) made the Net Profit of Rs. 42 crore in Quarter 3rd of Financial Year 2014-15 against a Net Loss of Rs. 1238 crore in Q3 of FY 2013-14.
The operating Profit rose to Rs. 603 crore in Quarter 3rd of Financial Year 2014-15 from Rs. 545 crore in Q3 of FY 2013-14.
These were stated by P. Srinivas, the Managing Director and Chief Executive Officer of UBI here on Tuesday.
He said that the bank’s Operating Profit reached Rs. 1636 crore during the first nine months of the current financial year, against Rs. 1519 crore during the same period in last year.
The Net Profit, he added, stood at Rs. 151 crore, in the first nine months of the current financial year against a Net Loss of Rs. 1683 crore in the corresponding period of 2013-14. Total business of the United Bank of India reached to Rs. 170005 crore in December 2014 and the Credit Deposit Ratio stood at 61.75% as at December 2014.
Srinivas also said that Bank’s Gross NPA came down from Rs. 8546 crore as on December 2013 to Rs. 7809 crore in December 2014. During the same period Bank’s total credit came down from Rs. 78976 crore in December 2013 to Rs. 64899 crore in December 2014. Accordingly, Gross NPA ratio increased to 12.03% as on December, 2014.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Reliance Industries, Rolls-Royce join hands to explore indigenous engine for India’s AMCA fighter
Sat, Aug 15 2026
BSNL’s Independence Day gift: Re 1 Recharge, 412-Day Plan and 500 Free TV Channels. Check now
Sat, Aug 15 2026
Emami’s big snack bet: ₹750 crore investment, new WeMe brand targets ₹1,000 crore in 3-5 years
Sat, Aug 15 2026
HCG Q1 results: Cancer care major posts 190% jump in adjusted profit, revenue rises 13%
Fri, Aug 14 2026
Big relief for Zee Entertainment: SAT allows warrants issue, dividend access despite SEBI ban
Fri, Aug 14 2026
Olectra Greentech Q1 shocker: Revenue soars 66%, profit barely moves; shares crash 4%
Fri, Aug 14 2026
Red Friday on Dalal Street: Sensex plunges 300 points, Nifty slides amid geopolitical tensions
Fri, Aug 14 2026
Tata Motors shares jump 6% after Q1 profit soars 83% to ₹2,560 crore
Thu, Aug 13 2026