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MANIMEKHALAI
Kalyan Kumar set to lead Union Bank as Lalit Tyagi may join Central Bank amid reshuffleKalyan Kumar is expected to lead Union Bank of India. Lalit Tyagi is likely to transfer to Central Bank of India. Asheesh Pandey is dropped...- Union Bank shares rise 4% after Q4 profit jumps 50%; management flags margin pressureUnion Bank of India reported a 50% YoY rise in Q4 net profit to Rs 4,985 crore, aided by higher non-interest income and lower provisions. H...
- Book deal drama may end CEO's Union Bank chapterA Manimekhalai, the MD & CEO of Union Bank of India, faces denial of extension. Allegations of misgovernance are the reason. A controversia...
- Congress asks FM to come clean on UBI's bulk order of Ex-CEA's bookThe Congress party is demanding answers from Finance Minister Nirmala Sitharaman. This relates to Union Bank of India's purchase of Krishna...
- Union Bank shares fall 4% after Rs 7.25 crore book purchase sparks controversyUnion Bank of India's shares declined following scrutiny over its pre-publication purchase of Krishnamurthy Subramanian's book, 'India@100,...
- Union Bank faces heat over ₹7.25 crore book purchaseUnion Bank of India is under scrutiny for purchasing nearly two lakh copies of Krishnamurthy V Subramanian's book, 'India@100,' for ₹7.25 c...
- Sluggish capex, war on pricing dragged loan growth in Sep quarter: Union Bank CEOUnion Bank of India's credit growth has been impacted by sluggish capex demand and intense pricing competition for large borrowers, resulti...
- Maruti Suzuki partners with Union Bank of India for dealer financing solutionsMaruti Suzuki India has signed an initial agreement with Union Bank of India to provide dealer financing solutions, expanding funding optio...
- Union Bank ties up with Accenture for analytics based customer servicesThe program will enable the bank to develop robust data visualization and reporting capabilities including interactive dashboards and repor...
- Union Bank to raise Rs 2000 crore via QIP by DecemberThe bank has already raised Rs 5000 crore through QIP in August at an issue price was Rs.86.55 per equity share which included a premium of...
- IREDA ropes in Union Bank, Bank of Baroda to co-finance renewable energy projectsThe Indian Renewable Energy Development Agency (IREDA) has entered into a partnership with Union Bank of India and Bank of Baroda to co-fin...
- Union Bank to sell 8 NAP accounts worth Rs 3,000 cr to NARCLManimekhalai also said the bank will be raising Rs 10,000 crore in equity capital not to buffer up its core capital base but to meet the Se...
- Recovery of written-off loans helps Union Bank post 93% growth in Q4 profitsUnion Bank achieved a 93% rise in net profit for Q4 ended March 2023, attributed to the growth in non-interest income, which countered a sm...
- Union Bank Q2 net up 21% on loan growthTotal advances increased 22% year-on-year with a 15% growth in retail, agriculture and MSME segments and a 22% growth in corporate loans le...
- Union Bank Q1 Results: Profit rises 32% YoY to Rs 1,558 crore on loan growthNII or the difference between the interest earned on loans and that paid on deposits increased 8% to Rs 7582 crore from Rs 7013 crore a yea...
- 8 things you should know about A Manimekhalai, new Union Bank of India CEOThe government appointed A Manimekhalai has extensive experience as Director on the Board of five other companies namely Canbank Factors Lt...
- Govt appoints A Manimekhalai as MD of Union BankPrior to being elevated as ED of Canara Bank, she was General Manager of Vijaya Bank and headed the Bangalore north region. She was instrum...
- Government extends the tenure of Canara Bank, Bank of India executive directors by two yearsThe banks said the government informed them about the extension given to these executive directors through notifications on August 26, 2021.
- BBB prepares to fill PSB ED slots; lists 22 candidatesThe number of executive director post that would need to be filled will be more than 20 for this fiscal year because some executive directo...
- BBB recommends 22 GMs for elevation as executive directors at PSU banksBanks Board Bureau said the panel have recommended to the Govt. of India 22 general managers for elevation as executive directors in public...
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