Public sector lender, Union Bank of India has posted 36% rise in its net profit level for the first quarter of this fiscal. The net profit of the lender amounts to Rs 601.42 crore as on June 30, 2010 as against Rs 442.19 crore for the same quarter in the previous fiscal.

The total income of the bank has also seen a rise by 11.25% for Q1 amounting to Rs 4,120.66 crore against Rs 3,704 crore for the same period in the last fiscal.

There has been a rise in the gross NPAs of the bank to 2.19% this quarter as compared to 1.95% earlier.

The net NPA has also risen to 0.94% in this quarter.

The bank booked revenue worth Rs 1,315.36 crore in the first quarter from its retail operations which is a 13.22% rise over the last year's figures.

The revenue earned by the bank from corporate banking segment for this quarter swung up by 17.63% to Rs 1,690.60 crore.