Page 3 of Union Bank of India

The bank’s capital adequacy as per Basel III norms stood at 19.58% and tier-1 capital adequacy was at 18.51%, well above the regulatory requirement.

Banks say RBI policy on expected lines, flag MPC member’s dissent on accommodative stance

The RBI also “nudges” the governments at the Centre and states to cut the high indirect taxes on fuel products…

August 6, 2021 20:32 IST

The investors should also not been debarred or restrained by the Reserve Bank of India or any other regulatory authority from making investments in India.

Three PSBs – Union Bank, Bank of India and Indian Bank – to divest stakes in ASREC (India)

Interested bidders have to submit their expressions of interest by July 30. It may be extended from time to time,…

July 16, 2021 05:00 IST

Union Bank of India reports Rs 1,330-crore net as asset quality improves

The non-interest income grew 50% quarter-on-quarter (q-o-q) and 23% y-o-y to Rs 4,551 crore, mainly on account of recovery in…

June 8, 2021 04:30 IST

PNB, MRF, Mrs Bectors Food, HDFC, Emami, InterGlobe Aviation stocks in focus

PNB, MRF, Mrs Bectors Food, HDFC, Emami, InterGlobe Aviation, Union Bank of India stocks in focus

Trends on SGX Nifty suggest a gap-up start for BSE Sensex and Nifty 50 with a rise of 46 points…

June 7, 2021 08:04 IST

Union Bank of India looking to digitise recovery processes

Union Bank of India is looking to digitise and automate its recovery processes, according to a tender document issued by…

April 6, 2021 00:45 IST

CBI carries out searches at 100 locations across 11 states in separate bank fraud cases

“These searches are part of a special drive to book fraudsters on the complaints received from different nationalised banks in…

Updated: March 25, 2021 21:26 IST

NPA Watch: Banks wrote off loans worth over Rs 25,500 crore in Q3

Banks typically make two categories of write-offs. A technical write-off is made when the bank removes an account from the…

February 17, 2021 03:00 IST

Union Bank of India net down 23 pct at Rs 1,356 cr in 2015-16

Union Bank of India today said its net profit declined by 23 per cent to Rs 1,356.44 crore for the…

May 26, 2016 22:27 IST

Maintain ‘hold’ on Union Bank of India, target Rs 125

Union Bank of India’s Q4FY16 PAT of `961 million came in lower than our expectation on elevated credit costs and…

May 20, 2016 06:08 IST

From Bank of India to DCB Bank, check out the top 10 midcap losers of 2015

Midcap stocks are set to end the year 2015 with gains of over 6 per cent. The Nifty Midcap 100…

December 31, 2015 15:44 IST

Early birds show PSBs to cringe in NPA pain

As Q1 results trickle in, asset quality issues seen chipping away bank’s profits

Updated: July 29, 2015 04:55 IST

Banks, sbi bank, icici bank, rbi rate cut

Five PSU banks declare GTL an NPA, company says not aware

Among the 17 lenders to the company are Bank of Baroda, Bank of India, Union Bank and United Bank of…

Updated: May 16, 2015 05:59 IST

Union Bank’s asset quality may deteriorate over next 2 quarters: Reliance Securities

Union Bank of India reported profits ahead of both our and street estimates driven by higher treasury and core fee…

May 15, 2015 00:15 IST

Union Bank profit slips 23% on higher provisioning for bad loans

Union Bank of India on Tuesday reported a net profit of R444 crore in the March quarter, a 23% y-o-y…

May 13, 2015 00:05 IST

Indian factory output likely slowed again in Feb, March inflation subdued

Indian factory growth slowed for a third month running in February. Weaker growth and inflation below the RBI’s goal of…

Updated: April 9, 2015 15:55 IST

Union Bank net declines 13% on higher provisions

Public sector lender Union Bank of India on Tuesday reported a net profit of R302 crore in the December quarter…

Updated: January 28, 2015 05:11 IST

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China takes India to WTO over EV sops

World News38 min ago

China has accused India of providing subsidies for electric vehicles and batteries that harm Chinese industries. India has various programs to boost its electric vehicle industry, including incentives for production and demand. The dispute has been filed at the WTO and if a resolution is not reached in 60 days, it will move to adjudication.

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