United Bank of India

United Bank posts Q4 loss on higher provisioning

Public sector lender United Bank of India on Tuesday reported a net loss of R413 crore for the quarter ended…

May 18, 2016 07:06 IST

United Bank of India to cut bulk deposit rates by up to 1.5%

Public sector United Bank of India today said it will cut interest rates on bulk deposits of Rs 1 crore…

January 14, 2016 14:51 IST

United Bank’s Q2 net up 41%, asset quality improves

Asset quality improved during the second quarter as NPAs as a percentage of total loans fell to 8.90% from 10.78%…

November 10, 2015 00:18 IST

Top 5 business happenings today: Kangana Ranaut signs up with Voylla, Marico relaunches hair serum, Paytm adds to Wallet app feature, more

Fashion jewellery firm Voylla today said it has roped in actress Kangana Ranaut as its brand ambassador. “For us, it…

October 15, 2015 11:30 IST

More PSBs, private banks cut lending rate

State-run Syndicate Bank and United Bank of India today cut their benchmark lending rates by up to 0.30 per cent,…

October 3, 2015 18:16 IST

United Bank sells 7 NPA accounts

Public sector lender United Bank of India has sold as many as seven loan accounts to asset reconstruction companies (ARCs)…

September 25, 2015 00:38 IST

United Bank of India sells 7 loan accounts to ARCs in September

State-run United Bank of India has sold as seven loan accounts to asset reconstruction companies (ARCs) in the month of…

September 24, 2015 20:18 IST

Stocks that made news today: Motherson Sumi, Amtek Auto and more

Amtek Auto shares plunged 11.46 per cent on reports that the company has missed payments on the Rs 800 crore…

Updated: September 22, 2015 17:21 IST

Banks functioning may be affected if strike materialises

Two public sector lenders, State Bank of Mysore and United Bank of India, on Saturday said in their normal banking…

August 29, 2015 21:23 IST

United Bank looks to cut bad loans by Rs 500 cr in FY16

United Bank of India is aiming to bring down its gross non-performing assets by over R500 crore in absolute terms…

August 29, 2015 01:14 IST

United Bank of India looks to bring down gross NPA below Rs 6,000 cr

Kolkata-headquartered United Bank of India (UBI) would make efforts to bring the absolute gross NPA figures below Rs 6,000 crore…

August 28, 2015 18:41 IST

United Bank to raise Rs 1,000 cr to support growth plans

United Bank of India may raise equity capital up to Rs 1,000 crore via public issue, rights issue or qualified…

June 23, 2015 00:03 IST

United Bank looks to bring down gross NPA ratio to 8% in FY16

Public sector lender United Bank of India aims to cut its gross non-performing asset (NPA) ratio to around 8% by…

May 20, 2015 00:14 IST

United Bank of India stir against defaulters to continue

United Bank of India employees would continue to hit the streets and protest at the residence…

Updated: April 2, 2015 14:06 IST

United Bank of India cuts deposit rate on select maturities to 8.25 pc

Following RBI’s repo rate cut last week, United Bank of India (UBI) today reduced retail term deposit rates on amounts…

March 10, 2015 16:54 IST

United Bank to raise R1,000 cr via preferential issue to govt

United Bank of India on Thursday said it is planning to raise up to Rs 1,000 crore through issue of…

January 30, 2015 01:29 IST

After RBI move on rate cut, banks start cutting lending rates; EMIs for home, auto loans to come down

United Bank of India today slashed its base rate or the minimum lending rate by 0.25 per cent to 10…

Updated: January 15, 2015 18:40 IST

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RBI moots steps for faster cross-border inbound payments

Business12 min ago

RBI issues draft guidelines to streamline cross-border inward payments, aiming to reduce delays in crediting funds to beneficiaries. The new norms align with the G20 road map and require banks to inform the receipt of transactions immediately and credit them to customer accounts on the same business day.

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