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ANDHRA UBI
Union Bank to buy out stakes of BoB, IOB in Malaysian entityThe proposal is awaiting formal approval from the central bank, which has expressed its in-principle willingness. It will also require the ...13 Apr, 2022, 06.39 AM IST- Union Bank plans QIP up to Rs 3,000 cr"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...15 Jan, 2021, 07.34 AM IST
- Union Bank completes integration of all branches of Corporation Bank with itselfWith this IT integration, all of erstwhile Corporation Bank, including service and specialised branches, have been fully integrated with Un...02 Dec, 2020, 04.50 PM IST
- Union Bank Q1 results: Net profit drops 13%; to sell stake in IndiaFirst LifeUBI has decided to sell the 30% stake it got in IndiaFirst Life Insurance company after it took over Andhra Bank in April and will do so be...22 Aug, 2020, 06.12 PM IST
- Chief executives of Oriental Bank of Commerce, United Bank of India designated as OSD in PNBThe merger of PNB with OBC and UBI has created the country's second largest state-owned bank with Rs 7.7 lakh crore advances. OBC chief exe...02 Apr, 2020, 11.42 AM IST
- 8 state-owned banks announce share swap ratios for mergersAccording to the swap ratio, 1,150 equity shares of PNB are to be exchanged for every 1,000 equity shares of Oriental Bank of Commerce, whi...05 Mar, 2020, 07.22 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
- Tech, HR integration remain key challenges for PSU bank mergersLenders have formed 23 committees covering every aspect of the merger to ensure success of the exercise.16 Sep, 2019, 07.20 AM IST
- IT and HR synergy are key challenges for PNB-OBC-UBI mergerHarmonising human resource issues will be another key aspect of these mergers, as was seen in the past.14 Sep, 2019, 07.29 PM IST
- PNB board to consider Rs 18,000 crore capital infusion this weekIt comes against the backdrop of the government's announcement on August 30 about merging 10 public sector banks into four entities02 Sep, 2019, 07.48 PM IST
- PNB board to consider Rs 18,000-crore capital infusion this weekThe mega merger plan of public sector banks (PSBs) is being seen as the biggest consolidated exercise in the banking space, aimed at making...02 Sep, 2019, 07.25 PM IST
- United Bank of India rejigs operation to set up Hyderabad regional officeThe Kolkata-based lender has carved this new regional division out of the Bangalore region to increase its focus in the twin states. UBI's ...26 Oct, 2016, 05.57 PM IST
- United Bank of India raises overdraft limit for SHGs to Rs 1 lakhBanks in Andhra Pradesh have disbursed a total of Rs 15,000 crore to some 10 lakh SHGs, making the programme most successful in this state.10 Nov, 2013, 05.54 AM IST
- Union Bank, OBC hike lending rates by 25 bpsTwo public sector lenders, Union Bank of India (UBI) and Oriental bank of Commerce (OBC), on Monday hiked their lending rates by 25 basis p...11 Jul, 2011, 07.16 PM IST
- UBI plans USD 200 mn bond issues in Q4Apart 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
- Subscribe to United Bank of India for listing gains:ReligareReligare Capital Markets has advised investors to ‘Subscribe’ to initial public offering of United Bank of India for listing gains.23 Feb, 2010, 12.15 PM IST
- UBI may get nearly Rs 1500 cr boostAs part of the UPA government's recapitalisation support to public sector banks (PSBs), Kolkata-based United Bank of India (UBI) is likely ...16 Feb, 2009, 08.37 PM IST
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