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UBI EARNINGS
Elon Musk floats 'universal high income' to offset AI-led job disruptionElon Musk suggests universal high income as a solution for job displacement due to artificial intelligence and robotics. He believes AI wil...- United Bank of India reports fraud against Visa Power LtdUBI Managing Director Ashok Kumar Pradhan has said that the bank had Rs 90 crore exposure to Visa Power, which defaulted a total of Rs 3600...
- United Bank of India to report profit for March quarter: CEOUBI would raise up to Rs 1,000 crore from the market in the second half of the fiscal.
- Union Bank of India third-quarter profit misses estimatesNet profit was Rs 153 crore ($21.48 million) in the three months to Dec. 31, 2018.
- RBI puts United Bank of India on corrective action planThis is the second time in four years that UBI came under regulatory sanctions and be forced to take corrective measures for strains in fin...
- Universal Basic Infrastructure to help decrease India's povertyThe Survey said UBI that reduces poverty to 0.5% of population would cost 4-5% of GDP, assuming that those in top 25% income bracket do not...
- Why UBI could be Narendra Modi's big trump card to rid India of poverty and inequalityApart from its anti-poverty potential, UBI can also be a substantial measure to improve autonomy and dignity by giving workers an escape la...
- Still a long wait for banks to get Airbus refundCorporation Bank, OBC and UBI may be sensing victory against Airbus as a debt recovery tribunal has directed the aircraft maker to deposit ...
- United Bank of India turns around with Rs 469 crore net profitUBI's net profit was 15 times higher than Rs 31.18 cr in the year ago period while the bank had a Rs 1238 cr loss in the Dec quarter due to...
- United Bank of India's loss will test Basel III aproach: FitchThe losses incurred by UBI could see its capital ratios fall below the regulatory minimum, said Fitch.
- Deep in trouble, UBI sees further assault on its assets frontThe state-run lender UBI may see a further erosion in its already distressed asset quality while differences cropped up within the top mana...
- Interest rate does not determine credit offtake. demand, supply do: United Bank of India's CMD Archana BhargavaWe are using capital given by the government or public and, therefore, we are duty-bound to see that our bottom-line improves. - Archana
- Union Bank of India to open three overseas branches this fiscalUnion Bank of India (UBI) has said it plans to open three overseas branches in Sydney, Dubai and London before the fiscal end.
- Allahabad Bank net up 55%Allahabad Bank has reported a 55% rise in net profit for the quarter to March 31, 2012, backed by strong interest earnings while Uco Bank a...
- United Bank of India reports 38.5% rise in net profitUBI 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 ...
- PSU banks fail to achieve 18% farm lending targetA host of frontline public sector banks such as Bank of Baroda, Corporation Bank and United Bank of India (UBI) failed to achieve the stipu...
- Subscribe to United Bank of India IPO, says SPA SecuritiesSPA Securities has advised investors to ‘Subscribe’ to initial public offering of United Bank of India.
- Bond with the best, finmin tells Uco BankUco Bank, which has a business mix of Rs 1.20 lakh crore is looking to acquire a smaller public sector bank to strengthen its balance sheet...
- UBI nets Rs 267 cr, won’t go public this fiscalUnited Bank of India (UBI) will not go public during 2007-08 with its capital restructuring plan taking a backseat. The Centre has shot dow...
- UBI may not go public this fiscalKolkata-based United Bank of India (UBI) may not go public during 2007-08 with its capital restructuring plan taking a backseat. The Centre...
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