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Union Bank of India

Company nameUnion Bank of India
Company typePublic (BSE - 532477)
IndustryFinancial
Commercial banks branches=2531
HeadquartersMumbai, India
Key peopleMavila Vishwanathan Nair
(Chairman & MD)
Revenue18491.40 Crore (2011)
Net income2081.95 Crore (2011)
Employees27,772 (2010)

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Union Bank of India (UBI) (BSE - 532477) is one of India's largest state-owned banks (the government owns 55.43% of its share capital), is listed on the Forbes 2000. It has assets of USD 13.45 billion and all the bank's branches have been networked with its 1135 ATMs. Its online Telebanking facility are available to all its Core Banking Customers - individual as well as corporate. It has representative offices in Abu Dhabi, United Arab Emirates, and Shanghai, Peoples Republic of China, and a branch in Hong Kong.

Because of its acronym UBI, the public sometimes confuses it with United Bank of India.


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