MTNL defaults on Rs 5,726.29 cr loans, Union Bank biggest exposure

MTNL defaults on Rs 5,726.29 cr loans, Union Bank biggest exposure

State-owned MTNL has defaulted on a total payment of Rs 5,726.29 crore, comprising a principal amoun..

RBI slaps fine on Union Bank, CSB Bank, Muthoot Housing

RBI slaps fine on Union Bank, CSB Bank, Muthoot Housing

The Reserve Bank of India (RBI) has imposed penalties on CSB Bank, Union Bank of India and Muthoot H..

Union Bank of India revises deposit rates

Union Bank of India revises deposit rates

Union Bank of India has raised interest rates on fixed deposits. The state-run bank is offering a sp..

Bank unions write to FM for merger of RRBs with sponsor banks

Bank unions write to FM for merger of RRBs with sponsor banks

Two bank unions -- AIBOC and AIBEA -- have demanded the merger of Regional Rural Banks (RRBs) with t..

Union Bank’s Q4 net profit highest in 30 quarters

Union Bank’s Q4 net profit highest in 30 quarters

Union Bank of India has clocked a net profit of Rs 3,311 crore for the quarter ended March 2024, hig..

RBI’s proposed project finance norms manageable, says Union Bank CEO

RBI’s proposed project finance norms manageable, says Union Bank CEO

The Reserve Bank of India’s proposals on project finance will not have a big impact on Union Bank of..

Union Bank raises $500 mn from foreign markets

Union Bank raises $500 mn from foreign markets

State-owned Union Bank of India has raised $500 million (about Rs 4,200 crore) from foreign markets ..

RBI fines SBI, Canara Bank, City Union Bank for breach of rules

RBI fines SBI, Canara Bank, City Union Bank for breach of rules

The Reserve Bank of India (RBI) has penalised State Bank of India (SBI), Canara Bank and City Union ..

Union Bank of India plans to raise Rs 3,000 crore via QIP

Union Bank of India plans to raise Rs 3,000 crore via QIP

Union Bank of India on Tuesday approved plans to raise Rs 3,000 crore through a qualified institutio..

Union Bank's Q3 net profit leaps 60% to Rs 3,590 crore

Union Bank's Q3 net profit leaps 60% to Rs 3,590 crore

Union Bank of India has reported a 60% leap in net profit to Rs 3,590 crore for the December quarter..

Union Bank’s loan book, deposits see double-digit growth in Q3

Union Bank’s loan book, deposits see double-digit growth in Q3

Union Bank of India has posted double-digit growth on the advances as well as the deposits front for..

Banks, employee unions agree to 17% salary hike

Banks, employee unions agree to 17% salary hike

Public sector banks will have to cough out Rs 12,449 crore more a year following a new wage agreemen..

Union Bank taps Accenture to boost operational efficiency

Union Bank taps Accenture to boost operational efficiency

Union Bank of India has tapped Accenture to provide a scalable and secure enterprise data lake platf..

Union Bank of India’s strategic push in FY24

Union Bank of India’s strategic push in FY24

A focus on mobilising low-cost CASA deposits, stubborn protection of margins at 3%, reduction of non..

Union Bank of India Q2 net up 90% at Rs 3,511 crore

Union Bank of India Q2 net up 90% at Rs 3,511 crore

Union Bank of India reported a 90% year-on-year jump in net profit to Rs 3,511 crore amid a sharp fa..