UBI

UBI Q1 Net Profit Surges 53.5%

UBI Q1 Net Profit Surges 53.5%According to reports, United Bank of India (UBI) is eyeing credit growth of 20%and deposits growth not surpassing 22%during the existing financial year (2010-11).

The banking institution said that it would keep its advances growth controlled up to September 2010 by keep itself away from low-yielding loans.

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