New Delhi: State-owned Union Bank of India on Friday reported a 7.13% year-on-year growth in global gross advances to ₹10.17 lakh crore as of December 31, 2025, driven by healthy traction in domestic lending, particularly in retail, agriculture and MSME (RAM) segments.
According to provisional business updates released to stock exchanges, domestic advances grew 7.42% YoY to ₹9.81 lakh crore, while RAM advances rose a robust 11.49% to ₹5.77 lakh crore, underscoring the bank’s continued focus on granular lending. On a sequential basis, global advances rose 4.27% during the October–December quarter.
Deposit growth, however, remained subdued. Global deposits increased 3.36% YoY to ₹12.23 lakh crore, though they declined marginally on a quarter-on-quarter basis. Domestic deposits followed a similar trend, rising 3.35% year-on-year.
The bank’s CASA deposits stood at ₹4.15 lakh crore, up nearly 5% YoY, with the CASA ratio improving to 33.95%, an increase of 53 basis points over last year. Sequentially, CASA ratio expanded sharply by 139 basis points, reflecting improved low-cost deposit mobilisation.
Improving credit traction pushed up the domestic credit-deposit (C/D) ratio (excluding bank deposits) to 80.94%, compared with 77.34% a year ago, indicating stronger utilisation of deposits for lending.
Union Bank said the numbers are provisional and subject to review by statutory auditors ahead of the formal declaration of its December-quarter financial results. Analysts expect public sector banks to continue reporting stable loan growth in Q3FY26, supported by retail and MSME demand, even as deposit competition remains intense.