- Board to meet tomorrow to discuss capital raising: Bhaskar Sen, United Bank of India
"In tier I capital, we have a plan to raise about Rs 750 crore and in tier II capital, another Rs 500 crore," says Bhaskar Sen.
- Union Bank of India Q1 net rises 31.3% to Rs 174 crore
Advances increased by almost 20% to Rs 63,625 cr while deposits touched Rs 89,639 cr, up 16.3% over the corresponding period.
- United Bank reports a slim 4 per cent rise in fourth quarter net profit
United Bank of India has reported a slim 4.2% rise in fourth quarter net profit at Rs 149 crore while its operating profit was up 12.4% at ...
- United Bank of India Q4 net up 4.2 pc at Rs 149 crore
United Bank of India (UBI) today reported a net profit of Rs 149.29 crore for the quarter ended March 2012, up by 4.2 per cent over the cor...
- United Bank of India completes financial inclusion target
It opened nine financial inclusion branches in West Bengal, two in Tripura and one in Assam. The bank has opened another three branches.
- United Bank of India reports 38.5% rise in net profit
UBI reported a 38.5% jump in its net profit for the December quarter, despite fresh slippages and a 63% rise in provisioning cover for bad ...
- United Bank of India faces crisis at top deck
A severe human resource gap at the top deck followed by the government's denial in relaxing promotion rules has left state-run United Bank ...
- UBI might consider coming out with FPO after two years
United Bank of India, might explore the possibility of coming out with an FPO after two years, UBI Chairman and Managing Director Bhaskar S...
- Wipro to deploy WAN solution for United Bank of India
Wipro today said it has been selected by United Bank of India to deploy a wide area network optimisation solution from Cisco for across its...
- United Bank plans foray into merchant banking,loan syndication
Public sector lender United Bank of India today said it will foray into merchant banking and loan syndication business.
- United Bank of India Q3 net profit up 33.9 pc at Rs 163.14 cr
The total pension and gratuity liability of the bank will be Rs 775 crore and it hoped to amortise it in the next five years.
- UBI may raise deposit rates, ties up with Peerless MF
UBI might go for a hike in deposit rates in view of low growth in deposits, a top official of the bank said.
- UBI eyes lateral hiring as govt banks face mid-level crisis
A mid-level crisis in public sector banks following a lull in recruitment between the late 1980s and 1990s has forced banks like the United...
- UBI Q4 net dips, overall PAT up 74.5 per cent
Public sector lender United Bank of India (UBI) today said its net profit decreased by 65.6 per cent to Rs 46.39 crore during the last quar...
Profits more crucial than balance sheet: UBI ChairmanUBI chairman & MD Bhaskar Sen says that the bank will strengthen its core agricultural-related business and also improve focus on retail se...
- UBI sees 18 pc credit growth in FY10: Sen
State-run lender UBI on Thursday said it is hopeful of achieving 18 per cent growth in loans disbursed during the current fiscal.
- Bhaskar Sen takes over as Dena Bank ED
Bhaskar Sen has taken over as the Executive Director of Dena Bank