Page 2 of Union Bank of India

Union Bank of India, Q1 results of Union Bank, industry news, banking and finance

Q&A l Our focus is on growing CASA, not bulk deposits, says Union Bank’s MD & CEO

‘We have about Rs 26,000 crore of loans in pipeline, and about Rs 42,000 crore has been sanctioned already (in…

July 24, 2023 03:15 IST

Union Bank of India, education loan, studies abroad, international colleges, courses, interest rate, Eligibility

Study abroad loan with or without collateral from an Indian bank

Here are a few important things to look at while taking an education loan for studying abroad.

Updated: July 10, 2023 15:39 IST

UBI Q4 profit zooms 81 pc on higher recoveries from written-off loans

The state-owned lender’s net profit in entire 2022-23 was Rs 8,512 crore as against Rs 5,265 crore a year ago.

May 6, 2023 18:32 IST

SIP calculator: With 50% returns, Midcap fund turns Rs 5000 SIP into Rs 3 lakh in 2.5 years – 5 points

Mutual Fund SIP calculator: A monthly SIP of Rs 5000 in the direct plan of this Union Midcap Fund would…

Updated: November 11, 2022 14:58 IST

Union Bank of India net up 21%; provisions rise 4%

The increase in provisions of Rs 4,077 crore in Q2FY23 came on the back of higher provisioning on standard assets.

Updated: October 21, 2022 13:45 IST

dhfl, bank fraud, Dewan Housing Finance Ltd, kapil wadhawan, dheeraj wadhawan, CBI

Bank fraud case: CBI files chargesheet against DHFL’s former CMD Kapil Wadhawan, 74 others

The agency officials said that the DHFL loan accounts were declared non-performing assets at different points of time by lender…

October 16, 2022 13:13 IST

Union Bank of India, Union Bank of India growth, Union Bank of India mclr rate

Union Bank of India hikes MCLR by 15 bps

The bank has set the shorter-term MCLR in the range of 7.15-7.70% while two-year and three-year MCLR is set at…

October 13, 2022 00:45 IST

Union Bank expects to recover Rs 15,000 crore from bad loans this fiscal

Rest of recovery was through traditional modes such as sale of properties, one-time settlement and Debt Recovery Tribunal (DRT) resolutions.

Updated: August 1, 2022 18:26 IST

Union Bank of India Q1 net profit up 32% at Rs 1,558 crore on higher NII, lower bad loans

The bank had reported a standalone PAT of Rs 1,181 crore in the corresponding quarter of the preceding fiscal.

July 26, 2022 19:00 IST

“Punjab National Bank is working on multiple business use cases which can leverage on the account aggregator ecosystem and offer interesting products to its customers. This will further enhance the outreach of the bank to provide customized digital products to its customers,” Atul Kumar Goel, managing director and chief executive officer of PNB said.

PNB, 3 other PSU banks activate account aggregator system

Other than PNB, Union Bank of India, Canara Bank and Indian Bank are the three other PSU lenders who have…

July 15, 2022 00:00 IST

Buy these two stocks for gains, Nifty 50 support placed at 16445 and 16300

The immediate support for the Nifty is placed near 16445 and below that 16300 will act as major support for…

June 6, 2022 08:24 IST

Rising commodity prices push demand for bank loans

Growth in credit to industry recovered to 6.5% in February 2022 from 1% a year ago, RBI data showed

April 20, 2022 01:00 IST

“For capital infusion, private banks needed some approvals. That capital has come in and (the entity) is capitalised as per the plan. The appointment of CEO is also likely to happen anytime soon. Hopefully, we will be completing the first tranche by April end,” Rai said.

NARCL misses deadline for first tranche of NPA acquisition; Rs 50,000-crore pool of 15 assets may be transferred by April

Officials at NARCL are still in the process of carrying out due diligence of the assets that have been identified…

April 7, 2022 02:15 IST

Union Bank of India to sell its 8% stake in ISARC to Dhansamridhi Finance

The stake sale is subject to obtaining requisite regulatory approvals, it said.

April 6, 2022 20:06 IST

BBB recommends Alok Choudhary for SBI Managing Director post

The headhunter for directors of state-owned banks and financial institution also recommended A Manimekhalai, Ajay Kumar Srivastava and Swaroop Kumar…

March 16, 2022 20:54 IST

Union Bank Q3 net profit rises 49% to Rs 1,085 crore on lower provisions, NII growth

Union Bank’s gross advances grew 2.7% on year to stand at Rs 6.69 lakh crore.

February 8, 2022 00:45 IST

Sources said the SBI-led consortium has agreed to grant both term loans and working capital loans depending on the airline's requirements. (File/PTI)

Tata Group to get loans from SBI-led consortium for Air India

Talace Private Limited — a subsidiary of the Tata Group’s holding company Tata Sons — on October 8, 2021, won…

Updated: January 27, 2022 19:48 IST

RIL, Infosys, tcs, reliance industries, tata consultancy services kotak mahindra bank, federal bank, 52-week high, 52-week low, bse, nse, sensex

Kotak Mahindra Bank share hits new 52-week high even as Sensex falls 500 pts; Krsnaa, Sansera at 52-week lows

BSE Sensex and Nifty 50 were languishing near the day lows on the back of sell-off in the index heavyweights…

October 21, 2021 14:57 IST

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Railway suspends platform ticket sales at THESE 15 stations amid festive season

Railways22 min ago

Indian Railways has halted the sale of platform tickets at 15 key stations, including Delhi and Mumbai, to ensure the safety of passengers during Diwali and Chhath Puja. The restriction will last until October 28, 2025, but some passengers will be exempt. A holding area has been completed at New Delhi Railway Station to handle the rise in foot traffic during festivals.

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