Union Bank of India

Union Bank of India defers Rs 1,386cr QIP issue to next fiscal

State-owned Union Bank of India has deferred its plan to raise Rs 1,386 crore fund through qualified institutional placement (QIP) to the next fiscal.

Mar 29, 2015, 11:34 AM IST

Union Bank Q3 net dips 13% at Rs 302 crore

Union Bank of India on Tuesday reported a 13.33 percent decline in net profit at Rs 302.42 crore for the October-December quarter.

Jan 27, 2015, 15:24 PM IST

Union Bank cuts lending, deposit rates by up to 0.50%

UBI is the second state-owned bank to announce rate cut after the Kolkata-based United Bank of India.

Jan 15, 2015, 18:21 PM IST

SC refuses to entertain plea of Kingfisher Airlines

The Kingfisher Airlines had alleged that the order by GRC was passed on Monday, ignoring the plea that the director should be allowed to be represented through lawyers.

Sep 02, 2014, 15:40 PM IST

Kingfisher Airlines plea on wilful defaulter infructuous: SC

State-run United Bank of India yesterday became the first lender to declare debt-ridden Kingfisher Airlines and its promoter Vijay Mallya as wilful defaulters.

Sep 02, 2014, 14:03 PM IST

Union Bank of India Q1 profit up 18.5% at Rs 664 crore

Union Bank of India today reported 18.5 percent increase in net profit at Rs 664.11 crore for the first quarter ended June 2014.

Aug 01, 2014, 16:59 PM IST

Over Rs 3,350-cr worth NPAs with Union Bank of India

Union Bank of India has Non-Performing Assets (NPAs) worth about Rs 3,350 crore from 20 defaulters.

Jul 28, 2014, 17:46 PM IST

Union Bank of India to raise Rs 1,386 cr via QIP

State-owned Union Bank of India has proposed to raise Rs 1,386 crore through Qualified Institutional Placement (QIP) to fund its business growth.

Jun 30, 2014, 16:02 PM IST

Union Bank of India expects total business to grow by 12% this fiscal

UBI General Manager (Varanasi zone) H K Behera, who was also present at the event, said the bank is committed to expand its presence in rural areas and increase its branches to 600 by March 2015.

Jun 10, 2014, 11:52 AM IST