PNB, UBI, OBC merger: Outside expert may be roped in to decide logo of new entity"The new name and logo of the merged entity will be decided after inviting suggestions from all and sundry," a top UBI official told.
13 Oct, 2019, 01.10 PM IST
34 functional teams to smoothen merger of UBI, PNB, OBCA team comprises two members each from the three banks from different functional areas.
02 Oct, 2019, 12.09 PM IST
Once city of banks, Kolkata may have one PSU bank headquarterNow Kolkata could soon be left with just one HQ of a state-run lender — UCO Bank.
31 Aug, 2019, 11.16 AM IST
Bank guarantees case: NSIC accuses UBI of giving 'factually incorrect' information to stock exchangesThe NSIC, which functions under the Ministry of MSME and aims to promote micro, small and medium enterprises in the country, sent letters t...
25 Mar, 2018, 05.11 PM IST
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
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
IMF says universal basic income could offer right fix to India's poverty problemThe IMF has said that universal basic income "looks good" when it substitutes inequitable and inefficient public spending.
12 Oct, 2017, 01.33 PM IST
UBI, Hudco scrap bond issues after higher payout demand“The interest rate was not within our comfort zone, and therefore we scrapped the bond sale plan,” an UBI official said.
27 Mar, 2015, 04.00 AM IST
United Bank of India not to extend any more finance to Haldia PetrochemicalsUBI, already reeling under a huge burden of NPAs, has decided to bring down the Gross Non Performing Assets percentage levels to a single d...
22 Feb, 2015, 03.06 PM IST
SBI sends letter to Kingfisher Airlines, may declare Vijay Mallya as a wilful defaulter soonSBI, the largest public sector bank, has allgedly sent a letter to Vijay Mallya's carrier, Kingfisher Airline, asking for an explanation.
05 Sep, 2014, 12.03 PM IST
United Bank of India gears up again to recover dues from defaultersRBI recently linked the bank’s lending power to its ability to recover sticky loans; UBI’s lending to lower-rated borrowers is capped at Rs...
12 Aug, 2014, 12.25 PM IST
Infosys cites UBI official to say no deficiencies in softwareInfosys issued a statement quoting a senior bank official to say there were "no inherent deficiencies."
20 Feb, 2014, 09.55 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 inks pact with Tata Motors
United Bank of India (UBI) entered into an agreement with Tata Motors on Saturday to finance the inital booking sums for Nano, and subseque...
28 Mar, 2009, 09.42 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
- UBI zeroes in on two European players for MF venture
Public sector lender Union Bank of India has short-listed two European players, BBVA of Spain and Belgium-based KBC, to partner in its mutu...
23 Dec, 2007, 12.00 PM IST