UNIONBANKNSEUnion Bank of India· BanksHighNegative
Announced Wed, 7 May, 2025 · 16:29 IST

Union Bank of India has informed the Exchange about Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015, as amended

UNIONBANK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-2.9%Reaction day
₹118.40
prior close
₹120.00
announcement price
After-mkt
timing
Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.8%-2.0% vs market
Public Sector Bank peers, median of 11sector-1.5%-1.4% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty 100 and 1.4 pts less than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-1.4
10m
-1.9
15m
-2.0
30m
-1.9
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-2.9-0.8-2.0-1.5-1.4
Next day
+3.8-1.8+5.6-0.8+4.6
2d
+8.2+2.0+6.2+2.8+5.4
3d
+10.4+0.8+9.6+3.8+6.5
4d
+13.9+1.2+12.6+4.3+9.6
5d
+11.5+2.8+8.8+4.5+7.0
1w
+15.8+2.7+13.1+7.8+8.0
15d
+19.3+2.2+17.1+7.8+11.5
1m
+31.1+3.6+27.5+15.6+15.6
2m
+27.1+5.0+22.1+11.2+15.8
3m
+10.6+0.2+10.4+3.2+7.4
UpDownMarket · Nifty 100Sector · Public Sector Bank peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The Reserve Bank of India has imposed a penalty of ₹8,10,600 on Union Bank of India for various deficiencies observed in its currency chests. The order was received on 6 May 2025 and disclosed to the stock exchanges on 7 May 2025 under SEBI's Listing Regulations. The bank has classified the financial impact as 'Not Significant'. The bank has also stated it has taken necessary preventive measures to avoid recurrence of such instances. The penalty amount is negligible compared to the bank's overall size and operations.

Likely market impact

Minimal impact on shareholders — the penalty is small relative to the bank's operations and has been flagged as non-material by the bank itself. Unlikely to move the stock price; seen as a routine regulatory compliance issue.