‘Buy’ Union Bank of India Shares To Get An Upside Of 15% Says Motilal Oswal — Here’s Why

Union Bank of India’s asset quality demonstrates ongoing enhancement, characterized by a consistent decline in NPA ratios. The bank has effectively contained slippages, with the bank ranking the second-best in the industry in terms of recoveries. Union Bank of India continues to maintain its recovery guidance of ~Rs 160 billion in FY25.