Analyst Corner: ‘Hold’ on UBI; valuation to remain under pressure

Union Bank of India’s (UNBK) Q2FY19 results are characterised by an improving asset quality trend even as business momentum continues to be soft. Key highlights: (a) Slippages were restricted to `26.7 bn (3.6% versus >6% over last six quarters).

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2PAVfPu