Search For "union bank of india"
CBI arrests absconding accused in Bank Fraud Case
Updated : 3 weeks, 2 days ago IST
New Delhi [India], September 3 (ANI): The Central Bureau of Investigation (CBI) arrested a private person in bank fraud cases on Friday. The accused was absconding and a Look Out Circular was issued against him in the year 2018.
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Public Sector Banks report healthy profits, accelerated technology
Updated : 1 month ago IST
Mumbai (Maharashtra) [India], August 25 (ANI): The Union Finance Ministry on Wednesday informed that public sector banks have reported healthy profits and have accelerated on technology-driven reforms.
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Union Bank to pick up 9 pc stake in NARCL
Updated : 3 months, 3 weeks ago IST
New Delhi [India], June 7 (ANI): Union Bank of India (UBI) on Monday said it will pick stake in the National Asset Reconstruction Company Ltd (NARCL) and has identified Non Performing Assets (NPAs) worth Rs 7,800 crore to be transferred to the proposed bad bank for resolution.
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Abhay Tewari appointed Managing Director and Chief Executive Offic
Updated : 4 months, 1 week ago IST
Mumbai (Maharashtra) [India], May 17 (ANI/PNN): Star Union Dai-ichi Life Insurance Company Ltd (SUD LIFE) announced the appointment of Abhay Tewari as Managing Director and Chief Executive Officer of the Company w.e.f 15th May 2021.
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Crisil revises outlook on Union Bank's long-term debt instruments
Updated : 6 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], Mar 3 (ANI): Crisil Ratings has revised the outlook on long-term debt instruments of Union Bank of India (UBI) to stable from negative while reaffirming ratings at AA-plus.
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S&P affirms BB-plus/B ratings on UBI with stable outlook
Updated : 9 months, 1 week ago IST
Singapore, December 17 (ANI): S&P Global Ratings on Thursday affirmed BB-plus long-term and B short-term issuer credit ratings on Union Bank of India (UBI).
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5 arrested for gold loan fraud worth Rs 2.91 crore in Telangana
Updated : 12 months ago IST
Rangareddy (Telangana) [India], October 1 (ANI): Five people, including an assistant bank manager and a former bank manager of the Union Bank of India, were arrested by the Telangana Police for cheating the bank to the tune of Rs 2.91 crore by certifying imitation gold as genuine.
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RBI appoints AK Dixit as new administrator of PMC Bank
Updated : 1 year ago IST
New Delhi [India], September 22 (ANI): Reserve Bank of India (RBI) has appointed AK Dixit, ex-General Manager of Union Bank of India as the new administrator of Punjab and Maharashtra Cooperative (PMC) Bank with effect from September 23.
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Ind-Ra assigns UBI's tier 2 bonds AA-plus with rating watch evolvi
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], September 11 (ANI): India Ratings and Research (Ind-Ra) said on Friday it has assigned Union Bank of India's (UBI's) tier two bonds an AA-plus rating and placed it on rating watch evolving (RWE).
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Moody's cracks down on five Indian public sector banks
Updated : 1 year ago IST
Singapore, Sep 4 (ANI): Moody's Investors Service on Friday downgraded various instruments of five Indian banks: Bank of Baroda, Bank of India, Canara Bank, Punjab National Bank and Union Bank of India.
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IndiaFirst Life to offer exclusive COVID-19 and Hospital Cash Cove
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], July 3 (ANI/NewsVoir): IndiaFirst Life Insurance Company Limited (IndiaFirst Life), promoted by Bank of Baroda and Union Bank of India, has associated with BOB Financial Services Limited (BOB Financial), a wholly owned subsidiary of Bank of Baroda, to offer a un
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Union Bank reports Q3 profit of Rs 575 crore, asset quality remain
Updated : 1 year, 7 months ago IST
Mumbai (Maharashtra) [India], Feb 10 (ANI): State-owned Union Bank of India on Monday reported a net profit for Q3 FY20 at Rs 575 crore as compared to a loss of Rs 1,194 crore in Q2 FY20.
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