Union Bank of India CMD on Q4 results
Non-performing assets have impacted Union Bank of India's net profit, which was flat for the fourth quarter as well as for the just ended fiscal. For the quarter ended March 31, 2011, the bank recorded a net profit of Rs 598 crore (Rs 594 crore), while for the fiscal 2010-11 it was Rs 2,082 crore (Rs 2,075 crore).
