Union Bank of India shares drop 5% post Q1 business update, global business decline marginally on quarterly basis
The shares of Union Bank of India slipped 5% to their day’s low of Rs 161.65 on Friday after the company reported its business update for the June 2026 quarter.According to a filing with the exchange on Thursday, the bank reported 7.46% growth in its global business to Rs 23.79 lakh crore in the June 2026 quarter from Rs 22.14 lakh crore in the June 2025 quarter. However, on a quarterly basis, the global business declined marginally by 0.24% from Rs 23.85 lakh crore in the March 2026 quarter.Al…



