Global Information Lookup Global Information

Union Bank of India information


Union Bank of India Limited
FormerlyThe Union Bank of India Ltd. (1919–1969)
Company typePublic
Traded as
  • BSE: 532477
  • NSE: UNIONBANK
ISININE692A01016
Industry
  • Banking
  • Financial services
Founded11 November 1919; 104 years ago (1919-11-11)
FounderSeth Sitaram Poddar[1]
HeadquartersUnion Bank Bhavan, 239, Vidhan Bhavan Marg, Nariman Point,
Mumbai, Maharashtra
,
India[2]
Number of locations
8,500 branches
12,800 ATMs[3] (March 2023)
Key people
  • Srinivasan Varadarajan
    (Non-Exe Chairman)
  • A. Manimekhalai
    (Managing Director & CEO)[4]
ServicesConsumer banking, corporate banking, financial services, investment banking, mortgage loans, private banking, wealth management
RevenueIncrease 97,078.50 crore (US$12 billion)[3] (FY23)
Operating income
Increase 25,250.20 crore (US$3.2 billion)[3] (FY23)
Net income
Increase 8,511.70 crore (US$1.1 billion)[3] (FY23)
Total assetsIncrease 1,288,357.10 crore (US$160 billion)[3] (FY23)
Total equityIncrease 78,803.50 crore (US$9.9 billion)[5] (FY23)
OwnerGovernment of India (83.49) %
Number of employees
75,500[3] (FY23)
Capital ratio12.56% (March 2021)[6]
Websitewww.unionbankofindia.co.in Edit this at Wikidata

Union Bank of India, commonly referred to as Union Bank or UBI, is an Indian public sector bank headquartered in Mumbai. It has 153+ million customers and a total business of Rs.19,84,842 crores.[7] After the merging with Corporation Bank and Andhra Bank, which came into effect on 1 April 2020, the merged entity became one of the largest PSU banks in terms of branch network with around 8700+ branches. Four of these are located overseas in Hong Kong, Dubai, Antwerp, and Sydney. UBI also has representative offices at Shanghai, Beijing and Abu Dhabi. UBI operates in the United Kingdom through its wholly owned subsidiary, Union Bank of India (UK). The bank has a network of 8500+ domestic branches, 10000+ ATMs, and 18000+ Business Correspondent Points serving over 153 million customers with 76,700+ employees.[8]

  1. ^ Cite error: The named reference AboutUs was invoked but never defined (see the help page).
  2. ^ "Central Office". Union Bank of India. Retrieved 21 October 2021.
  3. ^ a b c d e f "Annual Report 2022-23" (PDF). Union Bank of India. Retrieved 2 May 2023.
  4. ^ "List of Directors". Union Bank of India. Retrieved 21 October 2021.
  5. ^ "Union Bank of India Ltd. Financial Statements". moneycontrol.com.
  6. ^ "Annual Report 2020-21" (PDF). Union Bank of India. Retrieved 21 October 2021.
  7. ^ "Financial Results for the Quarter ended September 30, 2023 – Union Bank" (PDF). Union Bank of India. Mumbai. 27 October 2023. Retrieved 20 January 2024.
  8. ^ "Profile | Union Bank of India". unionbankofindia.co.in. Retrieved 22 October 2021.

and 27 Related for: Union Bank of India information

Request time (Page generated in 1.0762 seconds.)

Union Bank of India

Last Update:

Union Bank of India, commonly referred to as Union Bank or UBI, is an Indian public sector bank headquartered in Mumbai. It has 153+ million customers...

Word Count : 706

List of banks in India

Last Update:

list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. There are 12 public sector banks in India as of 1 March...

Word Count : 3028

Central Bank of India

Last Update:

Bank of India (CBI) is an Indian public sector bank based in Mumbai. Despite its name, it is not the central bank of India. The Indian central bank is...

Word Count : 740

Public sector banks in India

Last Update:

other state banks became subsidiaries of the new bank in 1959 when the State Bank of India (Subsidiary Banks) Act, 1959 was passed by the Union government...

Word Count : 984

Bank of India

Last Update:

Bank of India (BOI) is an Indian public sector bank headquartered in Bandra Kurla Complex, Mumbai. Founded in 1906, it has been government-owned since...

Word Count : 1316

Banking in India

Last Update:

Modern banking in India originated in the mid of 18th century. Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated...

Word Count : 6919

State Bank of India

Last Update:

State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI...

Word Count : 3679

Corporation Bank

Last Update:

announced that Corporation Bank and Andhra Bank would be merged into the Union Bank of India, with all their branches becoming branches of the latter on 1 April...

Word Count : 540

HDFC Bank

Last Update:

The Reserve Bank of India (RBI) has identified the HDFC Bank, State Bank of India, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs), which...

Word Count : 3113

List of banks in the United Kingdom

Last Update:

Bank of East Asia, UK Branch TSB Bank, part of Sabadell Group, headquartered in Spain Union Bank of India (UK) Ltd, owned by Union Bank of India of India...

Word Count : 1196

United Bank of India

Last Update:

United Bank of India (UBI) was an Indian nationalized bank which provided financial and banking services. Established in 1950 and headquartered in Kolkata...

Word Count : 922

Andhra Bank

Last Update:

Telangana, India. Along with Corporation Bank, Andhra Bank was merged with Union Bank of India in April 2020. The government of India owned 90.85% of its share...

Word Count : 1082

Public holidays in India

Last Update:

applicable for all states and union territories of India. In additional to the three fixed national holidays, Union Government of India declares additional days...

Word Count : 553

City Union Bank

Last Update:

1987, the name of the bank was changed to City Union Bank. Banks portal Banking in India List of banks in India Reserve Bank of India Indian Financial...

Word Count : 205

Reserve Bank of India

Last Update:

The Reserve Bank of India, abbreviated as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. Owned...

Word Count : 10817

Union Bank

Last Update:

Union Bank Union Bank of Halifax, Nova Scotia Union Bank of Hong Kong, now named Industrial and Commercial Bank of China (Asia) Union Bank of India Union...

Word Count : 268

IDBI Bank

Last Update:

IDBI Bank Limited (IDBI Bank or IDBI) is a development finance institution under the ownership of Life Insurance Corporation of India and Government of India...

Word Count : 1663

ICICI Bank

Last Update:

The Reserve Bank of India (RBI) has identified the State Bank of India, HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs), which...

Word Count : 3523

Nirav Modi

Last Update:

and finally paid the bank back. Perhaps he would have done that." The Union Bank of India sued Modi in a Hong Kong court. Union Bank claimed in a writ filed...

Word Count : 3085

List of deputy governors of the Reserve Bank of India

Last Update:

The deputy governor of the Reserve Bank of India is the second most senior executive of the Reserve Bank of India after its governor. Since its establishment...

Word Count : 167

List of banks in Australia

Last Update:

Bank Taiwan Cooperative Bank UBS Union Bank of India United Overseas Bank Woori Bank Australia portal Companies portal Banking in Australia List of banks...

Word Count : 824

Bank of Baroda

Last Update:

Bank of Baroda (BOB) is a government of India owned Multinational Public Sector Bank headquartered in Vadodara, Gujarat. It is the second largest Public...

Word Count : 3472

Indian Bank

Last Update:

on 30, 2019, Allahabad Bank merged on April 1, 2020, making Indian Bank the seventh largest bank in India. In the last quarter of 1906, Madras (now Chennai)...

Word Count : 1507

India Post Payments Bank

Last Update:

India Post Payments Bank, abbreviated as IPPB, is a division of India Post that is under the ownership of the Department of Post, a department under the...

Word Count : 585

Trilochan Kumar Srivastava

Last Update:

director of Syndicate Bank on 1 September 2013. Prior to joining Syndicate Bank, Shri. Srivastava was the general manager of the Union Bank of India. Shri...

Word Count : 313

Trade unions in India

Last Update:

Trade unions in India are registered and file annual returns under the Trade Union Act (1926). Statistics on trade unions are collected annually by the...

Word Count : 2062

Public sector undertakings

Last Update:

State Bank of India (57.52%) Bank of Baroda (63.97%) Union Bank of India (83.49%) Punjab National Bank (73.15%) Canara Bank (62.93%) Punjab & Sind Bank (98...

Word Count : 3650

PDF Search Engine © AllGlobal.net