The bank accepted bids for Rs 1,500 crore, UBI said in a regulatory filing on Friday.

The committee has set the floor price of the QIP at Rs 35.60 per equity share.

"The bank plans to raise between Rs 2000 crore to Rs 3000 crore after its third quarter results annoucement which is slated for the last we...

UBI would raise up to Rs 1,000 crore from the market in the second half of the fiscal.

This is the second time in four years that UBI came under regulatory sanctions and be forced to take corrective measures for strains in fin...

On a pro forma basis, it said, the capital raise will add about 100 bps to PNB's Common Equity Tier 1 (CET1) ratio.

The bank has called an extraordinary general meeting on September 7 to get shareholders’ approval for the proposed capital infusion at the ...

Italian magistrates are investigating three executives at Unione di Banche Italiane (UBI), Italy's fifth-biggest lender as part of probe.

United Bank of India has said the outstanding loan amount has surpassed the borrower’s cash credit limit of Rs 215 crore.

Shares of state-owned United Bank of India (UBI) listed on Thursday on local stock exchanges at a modest premium to its issue price, unders...

State-run lender UBI on Thursday said it is hopeful of achieving 18 per cent growth in loans disbursed during the current fiscal.

The IPO of United Bank of India today got a stupendous response with the issue getting subscribed nearly 33 times on back of a huge demand ...

Religare Capital Markets has advised investors to ‘Subscribe’ to initial public offering of United Bank of India for listing gains.

Sharekhan is of the view that the initial public offer of the United Bank of India is at discount to its listed peers.

SPA Securities has advised investors to ‘Subscribe’ to initial public offering of United Bank of India.

United Bank chairman and managing director Satish Chander Gupta thinks the bank needs to catch up a bit in growth parameters.

The Reserve Bank of India’s (RBI) plan to discourage public sector banks converting their equity capital into preference capital for a high...