Credit growth target of 13-14% for FY27
Management expects to achieve 13-14% credit growth in FY27, in line with industry trends and better than the 9.74% YoY growth in FY26.
UNIONBANKOFINDIA / guidance tracker
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Union Bank of · forward-looking guidance across the available source record.
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What management said would happen.
growth
NIM to stabilize and improve from 2.64%
Management expects NIM to defend current levels and gradually improve, driven by CASA expansion and better asset-liability management.
Credit cost guidance of ~1% for FY27
Management guided credit cost around 1% for FY27, up from 23 bps in FY26, reflecting normalization and prudent provisioning.
PSLC fee income to potentially reach ₹1,000 crore
Management indicated that PSLC fee income could return to ₹1,000 crore plus levels in FY27, similar to FY25, after a lower contribution in FY26.