Union Bank of India – Investor Presentation Summary
Key Operational Highlights
- Total global branches: 8,700
- ATM network: 8,758 ATMs
- Business correspondents: 28,600+
- Employee count: 74,200+
- Customer base: 168 million+
- Digital transactions: 90%+ of transactions conducted through digital channels
- Digital sanctions in FY26: ~$12.7bn
Key drivers of operational performance: Digital capabilities embedded across key banking processes, extensive distribution network, and diversified banking services.
Segment-wise Performance
The bank operates across Corporate/Wholesale, Retail, Agriculture, MSME, Treasury, and International Banking segments. RAM (Retail, Agri & MSME) advances stood at $64.2bn.
Financial Highlights
Revenue (Operating Revenue FY26): $5,926mn
EBITDA (Operating Profit FY26): $3,023mn
PAT (FY26): $1,975mn
EPS: Not Specified
Margins: Net Interest Margin 53% (FY26), Operating Profit Margin 27% (FY26), PAT Margin 18% (FY26)
YoY/QoQ comparison: Q1 FY27 PAT grew to $563mn from $435mn in Q1 FY26 (29% growth)
Drivers of financial performance: Net Interest Income of $3,873mn (FY26), Other Income of $2,053mn (FY26)
Comparison to market estimates: Not Specified
Key Risks: Not explicitly disclosed in presentation
Geographical Revenue Split
Domestic vs Export/Regional Revenue: Domestic deposits $135,510mn (Jun'26), Deposits from branches outside India $63mn (Jun'26)
Domestic: $135,510mn, 99.95% of Total
Export: $63mn, 0.05% of Total
Regional Breakdown: International operations include Dubai DIFC Branch, UK subsidiary, and Sydney branch
Balance Sheet Snapshot
Net Debt/Equity: Not Specified
Reserves: $12,776mn (Mar'26 standalone)
Current Assets/Liabilities: Not Specified
Working Capital/Leverage Metrics: Total Borrowings $8,154mn (Mar'26 standalone)
Financial Health Insights: Strong capital position with CRAR 18.46% (Jun'26), Total Capital $14,553mn (Mar'26)
Capex & Cash Flow Health
Capital Expenditure: Not Specified
Free Cash Flow: Not Specified
Operating Cash Flow: Not Specified
Net Debt Movement: Not Specified
Investment Rationale: Proceeds from Notes offering will be used to meet funding requirements of DIFC Branch, develop and expand business of DIFC Branch, and meet general corporate purposes
Strategic & R&D Initiatives
Investments in Innovation: Union Ease App (0.96 Crore+ Registered Users), digital journeys (Union Ease App, Ebiz, CBDC platform), AI/ML capabilities, Cybersecurity CoE
Expected impact on growth: Driving opening of new digital CASA accounts and new deposits
Strategic Rationale: Digital transformation, technology innovation, customer experience, process automation, financial inclusion
Industry Trends & Business Environment
Macro/Industry Trends: Not explicitly detailed in presentation
Impact on Company: Not explicitly detailed in presentation
Management Commentary & Growth Outlook
Strategic Outlook: Not explicitly quoted but presentation emphasizes sustainable growth, digital transformation, and ESG initiatives
FY Guidance: Not Specified
Market Share Targets: Not Specified
Risks and Opportunities: Not explicitly highlighted by management
ESG Updates
- Board Approved ESG Policy covering ESG Risk Framework, Climate Risk Policy and Sustainable Financing Framework
- Green finance portfolio: $4,158mn
- Renewable Energy portfolio: $3,630mn
- $298mn sanctioned under Union Green Vehicle Electric Vehicles
- Emission reduction targets for Scope I and II set for FY2034-35
- Signatory to Partnership for Carbon Accounting Financials (PCAF)
- Moody's SQS2 rating for Sustainable Financing Framework
- CARE Edge-ESG 1+ rating with score of 81.3/100
- Social initiatives: 45 RSETI Centres, trained 3.75 lakh people, Union Nari Shakti ($34mn sanctioned in Q1FY27), Self Help Group ($3,423mn outstanding), Small & Marginal Farmers ($9,663mn outstanding)
- CSR donation: ₹9.50 Cr under CSR during Q1FY27
Credit Ratings
Domestic Ratings: CRISIL AA+/Stable (AT-1), AAA/Stable (Tier II); ICRA AAA/Stable (Tier II); India Ratings AA+/Stable (AT-1), AAA/Stable (Tier II); CARE AA+/Stable (AT-1), AAA/Stable (Tier II); Brickwork AA+/Stable (AT-1), AAA/Stable (Tier II)
International Ratings: S&P Global Ratings BBB/Stable; Fitch Ratings BBB-/Stable
Offering Details
Issuer: Union Bank of India, acting through its Dubai International Financial Centre (DIFC) Branch
Issue Type: Unsecured Notes
Currency: U.S. Dollars
Issue Size: US$ Benchmark
Issuer Ratings: BBB/Stable by S&P and BBB-/Stable by Fitch
Expected Issue Ratings: BBB by S&P and BBB- by Fitch
Tenor: 3 and/or 5 years
Listing: Debt Securities Market of the NSE IFSC Limited
Use of Proceeds: Meet funding requirements of DIFC Branch; develop and expand business of DIFC Branch; general corporate purposes
Governing Law: English law
Denominations: USD200,000 and integral multiples of USD1,000 in excess thereof
Joint Global Coordinators & Joint Bookrunners: Barclays Bank PLC, Citigroup and Standard Chartered Bank