Tue, Jan 02, 2024
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Tue, Aug 22, 2023
Union Bank news: Union Bank of India on Monday said it will raise up to Rs 5,000 crore through qualified institutional placement. The floor price of the issue is Rs 91.10 per equity share, while the date of opening of the issue is Monday, the bank added.
Fri, Jan 20, 2023
IT company LTIMindtree on Friday posted a consolidated net profit of Rs 1,000.7 crore for the December quarter, a 4.6 per cent decline over the year-ago period due to one-off impact of merger-related integration cost
Sun, Sep 13, 2020
Union Bank of India has announced reduction in Marginal Cost of Funds- based Lending rate (MCLR) by 5 basis points across all tenors.
Mon, Aug 24, 2020
Stock Market Opening Bell: On account of strong global sentiments, the Indian indices opened more than half per cent higher on Monday Opening Bell.
Stocks in Focus on August 24: PNB, ICICI Lombard, Union Bank of India, Indiabulls Housing Finance, etc are expected newsmakers throughout the intraday trade session.
Mon, Aug 10, 2020
Revised MCLR will be effective from 11th Aug 2020.
Fri, Jul 10, 2020
Two days after India’s largest lender, State Bank of India announced cut in MCLR, Union Bank of India has also announced a similar move. The bank on Friday announced a reduction in Marginal Cost of Funds. The bank said that it has decided to reduce the MCLR by 20 basis points across all tenors.
Wed, Jun 10, 2020
Union Bank of India on Wednesday announced a reduction in its Marginal Cost of Funds- based Lending Rate (MCLR) by 10 points, across all tenors.
Mon, Jun 01, 2020
Many banks have made changes in their interest rates over the last few days. If you are a Union Bank of India or Bank of India customer, then you should know the new interest rates that have come into effect from 1 June
Sat, May 30, 2020
In a bid to provide relief to the borrowers post-lockdown, the Union Bank of India has reduced its External Benchmark Lending Rate (EBLR) by 0.40 per cent to 6.8 per cent.
Tue, Mar 31, 2020
Union Bank of India has reduced its MCLR by 25 BPS across all tenors. Accordingly, the one year MCLR stands at 7.75%, down from 8.00%. The new rates will come into effect from April 1, 2020.
Tue, Mar 10, 2020
In what comes as a good news for borrowers, the Union Bank Of India reduces has reduced MCLR by 10 bps across all tenors' for your perusal.
Fri, Dec 13, 2019
Following a complaint lodged by a bank, the CBI has booked the three directors: Paresh Chhabildas Shah, Sahil Paresh Shah and Viraj Chetan Shah under various sections of the IPC and PCA.
Fri, Aug 30, 2019
Finance Minister Nirmala Sitharaman announced a mega-merger plan for public sector banks, with Union Bank of India, Andhra Bank and Corporation Bank getting merged into a single entity.
Tue, Aug 13, 2019
To address this complaint of customers, many government banks have now decided to offer repo rate linked products, in which the rate of interest will be on lines of RBI's rate cut.
Tue, Jul 23, 2019
Five of the largest banks in India including State Bank of India (SBI), Union Bank of India, Oriental Bank of Commerce, Corporation Bank, Andhra Bank have joined hands to offer ‘PSB Loans in 59 Minutes‘ scheme to empower the MSMEs.
Wed, May 15, 2019
Union Bank of India (UBI) Wednesday said it plans to raise up to Rs 6,000 crore this fiscal through securities to meet its capital requirement.
During an interview with Zee Business, Rajkiran Rai G, Managing Director & CEO, Union Bank of India, speaks about additional provision following central bank’s inspection report, recovery situation and outlook on loan growth among others.
Tue, Apr 30, 2019
Merging small banks is one of the ways in which the government is trying to tackle the NPA crisis.
Thu, Jan 03, 2019
State-owned Union Bank of India Thursday said it would raise up to Rs 600 crore by issuing shares to its employees under the staff stock purchase scheme.
Fri, Sep 07, 2018
These banks were blamed for contravention of instructions contained in Master Circular on Fraud – Classification and Reporting issued by RBI.
Wed, Jul 18, 2018
The 18 lenders of Era Infra Engineering (EIEL) chose to miss every possible chance to recover more than Rs 10,000 crore debt from the Delhi-based infrastructure firm, it is now revealed.
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