Union Bank of India, a public sector bank in India, witnessed a fall in share price on Wednesday after it reported a fall of 21.88% in fourth quarter profit. The bank has reported a profit of Rs 5.18 billion for the quarter ended Jun. 30, 2015, compared with Rs 6.64 billion, a year ago. 
 
Quarterly income totalled at Rs 90.43 billion, an increase of 5.79% over Rs 85.48 billion in the same period a year ago.
 
The bank has made provision of Rs 6.42 billion, which was higher by 63.78% from prior year period to Rs 3.92 billion.

Shares of the bank are trading at Rs 155.50, down Rs 1.65, or 1.05% at the Bombay Stock Exchange (BSE) on Wednesday at 9:52 a.m.

The scrip has touched an intra-day high of Rs 158 and low of Rs 153.45. The total volume of shares traded at the BSE is 78,940.