Punjab National Bank, United Bank of India top list of officials prosecutedOverall, year-wise data shows that 2015 had the most number of sanctions (11), followed by 2017 (10). In 2016, prosecution of nine official...
28 Feb, 2018, 10.47 AM IST
1 or 2 states may roll out universal income in two yrs: CEA Arvind SubramanianSubramanian in the Economic Survey 2016-17 had mooted the idea of universal basic income or a uniform stipend paid to every adult and child...
29 Jan, 2018, 07.21 PM IST
IMF not endorsing UBI in India: OfficialThe IMF's observation was based on the results of a microsimulation analysis of a policy reform that replaces food and fuel subsidies in In...
15 Oct, 2017, 07.17 AM IST
S&P affirms rating on UBI on expectation of government supportThe US-based agency said it expects the government to provide "timely and sufficient extraordinary support" to the bank if it comes under f...
18 Feb, 2016, 11.41 AM IST
United Bank of India improves asset quality, reports 41% rise in net profitUnited Bank of India (UBI) has managed to improve its sticky loan situation, helping it to report 41% rise in net profit for the September ...
07 Nov, 2015, 08.07 PM IST
Union Bank of India expects total business to grow by 12 per cent this fiscalUBI has said it expects the total business to grow by around 12 per cent in the current fiscal over the Rs 5.32 lakh crore turnover achieved
10 Jun, 2014, 12.16 PM IST
Italian bank UBI's offices searched, executives under investigaton: SourcesItalian magistrates are investigating three executives at Unione di Banche Italiane (UBI), Italy's fifth-biggest lender as part of probe.
14 May, 2014, 05.24 PM IST
P Chidambaram to discuss United Bank crisis with RBI GovernorFinance Minister P Chidambaram today said he will discuss United Bank of India's bad loan crisis with the Reserve Bank Governor later this ...
05 Mar, 2014, 05.51 PM IST
United Bank of India row: Firms must improve governance structuresState-owned United Bank of India (UBI) is battling record bad loans, has a weak capital base and is also headless after the CMD Archana Bha...
24 Feb, 2014, 04.52 AM IST
United Bank of India plunges over 3% as CMD Archana Bhargav quitsArchana Bhargava resigned as CMD of the bank following a probe by Reserve Bank of India (RBI) into possible mismanagement of NPAs.
21 Feb, 2014, 12.32 PM IST
RBI begins probe into UBI over mounting bad debtsThe Reserve Bank of India has initiated a special inspection of Kolkata-based United Bank of India, apparently prompted by an alarming rise...
29 Nov, 2013, 04.21 AM IST
UBI engages Accenture for transformation programmeUBI has entered into an agreement with management consultancy firm Accenture to support the bank's strategic transformation programme.
22 Dec, 2012, 05.20 PM IST
- Will Gandhi Bhawan in Kolkata go on the block?
Gandhi Bhawan in Kolkata might go under the hammer if a bank to which the property is mortgaged for over 50 years has its way.
18 Apr, 2012, 11.23 AM IST
- UBI plans USD 200 mn bond issues in Q4
Apart from the MTN issue, UBI is also expecting Rs 1,200 crore capital infusion from the government in the next three to four months, Nair ...
04 Dec, 2010, 03.41 PM IST
- Union Bank to hire 5,000, add to branch network
State-run Union Bank of India (UBI) plans to hire about 5,000 employees including 300 specialist officers for the micro, small and medium e...
24 Dec, 2008, 01.09 AM IST
- Union Bank likely to cut rates
Public sector lender Union Bank of India (UBI) may follow other banks in cutting lending rates, a top bank official on Monday said.
18 Feb, 2008, 04.05 PM IST
- United Bank to move govt with capital rejig plan again
United Bank of India (UBI) will once again ask the Centre to consider its capital restructuring proposal. Earlier, the government had rejec...
24 Nov, 2006, 12.24 AM IST