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Latest Articles in union bank of india

RBI Imposes Rs 1 Cr Penalty On Union Bank Of India

The RBI in a statement said the statutory inspection for supervisory evaluation (ISE) of the bank was conducted by it with reference to its financial position as of March 31, 2019,

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Union Bank Of India Inks Its First Overseas Sustainability Linked Loan

Union Bank of India in a statement said that it will include three Key Performance Indicators (KPIs) relating to a reduction in greenhouse gas emissions, responsible sourcing of metals, and growing renewable power portfolio, under this facility.

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Union Bank Secures Sustainability-Linked Loan Of USD 1.5 Bn

The lender will include three Key Performance Indicators (KPIs) relating to a reduction in greenhouse gas emissions, responsible sourcing of metals and growing renewable power portfolio.

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Union Bank Of India Appoints A K Vinod As Chief Compliance Officer

A K Vinod, chief general manager, has been nominated as the chief compliance officer with effect from June 1, 2021 in place of K L Raju, general manager

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RBI Imposes Penalty On City Union Bank, 3 Other Lenders

The Reserve Bank of India also imposed a penalty of Rs 90 lakh on Nutan Nagarik Sahakari Bank, Ahmedabad for non-compliance with directions Interest Rate on Deposits, Know Your Customer (KYC) and Circular on Frauds Monitoring and Reporting Mechanism.

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RBI To Conduct Customer Satisfaction Survey On Bank Mergers

The proposed survey will cover a total of 20,000 respondents from 21 states, including Uttar Pradesh, Maharashtra, West Bengal, Tamil Nadu, Bihar, Karnataka, Madhya Pradesh, and Gujarat.

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CBI Files Case Against Indian Technometal Company For Alleged Fraud Of Rs 555.65 Cr

Searches at the premises of the accused/firm were conducted at Kangra (Himachal Pradesh), which led to the recovery of incriminating documents

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Union Bank Partners With SMC Global Securities

Customers can trade using the portal www.smctradeonline.com apart from desktop and mobile applications

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Union Bank Completes IT Integration Of All Andhra Bank Branches With Itself

The amalgamation of Andhra Bank and Corporation Bank with Union Bank came into effect from April 1, 2020.

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RBI appoints AK Dixit as new administrator of PMC Bank

RBI appoints AK Dixit as new administrator of PMC Bank

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Ind-Ra Assigns UBI's Tier 2 Bonds AA-Plus With Rating Watch Evolving

The ratings were placed on RWE following the proposed amalgamation of Corporation Bank and Andhra Bank with UBI with the UBI being the anchor bank post amalgamation.

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Moody's cracks down on five Indian public sector banks

Moody's cracks down on five Indian public sector banks

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Union Bank Of India Shares Jump Nearly 6 % After Q1 Earnings

Net interest income rose by 17.1 per cent to Rs 6,403 crore as compared to Rs 5,468 crore.

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Union Bank Of India Announces The Rollout Of 125 Regional Offices Across The Country

In order to capitalize on its expanded presence, 33 of 125 regional offices are in entirely new locations such as Amritsar, Anand, Bhagalpur, Anantpur, Rajahmundry, Shimla, Amravati etc.

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Union Bank Reduces EBLR By 75 BPS From 1 April

Customers who have availed loans under External Benchmark based schemes of these two banks shall automatically get benefit of reduction of interest rate w.e.f. 01.04.2020.

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