UBS Initiates Coverage On PNB, Canara Bank, And Union Bank; Mixed Outlook Across PSU Lenders

UBS initiates coverage on PNB, Canara Bank, and Union Bank with mixed ratings, Canara gets 'Buy' on steady growth, while PNB and Union Bank rated 'Neutral' amid modest return outlook.

Oct 8, 2025 - 10:00
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UBS Initiates Coverage On PNB, Canara Bank, And Union Bank; Mixed Outlook Across PSU Lenders
UBS initiates coverage on PNB, Canara Bank, and Union Bank with mixed ratings, Canara gets 'Buy' on steady growth, while PNB and Union Bank rated 'Neutral' amid modest return outlook.

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