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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.

Union Bank of India Video

'your dreams are not yours alone'
1.00 min. | 4.89 user rating
'your dreams are not yours alone'
1.03 min. | 4.94 user rating
Spend time chasing dreams. Not banking
0.28 min. | 5.0 user rating
Here i am with second video. This video is just for educational purpose I will not be responsible for any misuse of this videos. Have a great time with How to do thing in real world.
1.03 min. | 0 user rating
Kotak Securities is bullish on State Bank of India, Axis Bank, Bank of Baroda, and Union Bank from the banking space. The brokerage expects 14% year-on-year loan growth in FY10. It sees deposit growth at 18%.
4.32 min. | 0 user rating

0.60 min. | 0 user rating
This week I talk about Obama increasing the budget for nuclear weapons although he said he wanted to free the world of the danger of nuclear weapons in his State of the Union, and the mysterious, the elusive "Import-Export bank."
6.07 min. | 5.0 user rating
The IBA FICCI Banking Conference is the annual event when the Reserve Bank of India (RBI) speaks its mind to bankers and to those who follow the sector carefully. This time the governor clearly spoke his mind. He fears the compensation package for top PSU Bankers is not good enough to face the onslaught of the coming competition in the space.
7.85 min. | 0 user rating
Hold Union Bank of India for a longer-term, says Anu Jain, Vice President - IIFL Private Wealth Management, India Infoline.
0.82 min. | 0 user rating
CNBC-TV18 learns that state lender Union Bank of India is in advanced talks to acquire an Indonesian bank. The potential bank has 34 branches and a forex dealer licence. The bank is predominantly into trade financing and retail and is listed on the Indonesian stock exchange, sources inform.
2.80 min. | 0 user rating

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Lilavati Hospital terms bank letter unlawful - Hindustan Times Tweet this news
Hindustan Times---Union Bank of India- (UBI), which has already frozen the fixed deposit accounts worth around Rs120 crore of the Lilavati Kirtilal Mehta Medical Trust, said in the legal notice. “In view of the diverse and contradictory instructions bei - Date : Mon, 18 Apr 2011 21:17:23 GMT+00:00
Bank may freeze Lilavati accounts - Hindustan Times Tweet this news
Hindustan Times--Bandra's Lilavati Hospital, a super-speciality facility, faces the risk of its services being halted with the hospital's banker, -Union Bank of India- (UBI), threatening to freeze its accounts amid raging disputes between two se - Date : Mon, 18 Apr 2011 20:22:50 GMT+00:00
Nokia and Union Bank begin mobile payment services rollout - Moneylife Personal Finance site and magazine Tweet this news
Moneylife Personal Finance site and magazine---Union Bank of India- (UBI) together with Nokia, today announced the commercial launch of a service called 'Union Bank Money powered by Nokia' across India, starting with the National Capital Region. - Date : Mon, 18 Apr 2011 10:10:20 GMT+00:00
Options to shop with your mobile increase - Livemint Tweet this news
Livemint--These include Yes Bank Ltd and -Union Bank of India-. Airtel is the only telecom company to have been granted the licence by RBI to provide a similar service through Airtel Money. The facility being provided by Corporation Bank is currently rest - Date : Mon, 18 Apr 2011 15:42:35 GMT+00:00
Heat on vexed trade payment route - Calcutta Telegraph Tweet this news
Calcutta Telegraph--Calcutta, April 18: The Reserve -Bank of India- (RBI) may take a relook at the Asian Clearing -Union- mechanism � set up in 1974 under the aegis of the United Nations Economic and Social Commission for Asia-Pacific � involving the cent - Date : Mon, 18 Apr 2011 22:18:55 GMT+00:00
Magma Fincorp Q4 net up 70% posts 41% growth in disbursals - Business Standard Tweet this news
Business Standard--Magma Fincorp Limited (“Magma”) is a non-deposit taking non-banking finance company (NBFC), registered with the Reserve -Bank of India- (RBI) as an Asset Finance Company. The Company, having started operations over two decades back, - Date : Tue, 19 Apr 2011 10:50:42 GMT+00:00
Union Bank receives Rs 682-crore capital infusion from Govt - IBNLive.com Tweet this news
IBNLive.com--PTI | 10:03 PM,Mar 29,2011 Mumbai, Mar 29 (PTI) Public sector -Union Bank of India- (UBI) today said it has received a capital infusion of Rs 682 crore from the Government of India through a preferential allotment of shares. The bank received - Date : Tue, 29 Mar 2011 17:14:54 GMT+00:00
Union Bank plans entry into wealth management business - Economic Times Tweet this news
Economic Times--NEW DELHI: State-owned -Union Bank of India- plans to enter the wealth management business in partnership with a foreign player to increase its fee-based income, after recently receiving Sebi nod for entering into the mutual fund sector. . - Date : Sun, 27 Mar 2011 06:20:40 GMT+00:00
SEBI Grants Certificate Of Registration For Union Bank Subsidiary - RTT News Tweet this news
RTT News--(RTTNews) - -Union Bank of India- said it has obtained Certificate of Registration for its subsidiary, 'Union KBC Mutual Fund' from the the market regulator Securities and Exchange Board of India or SEBI. The company said SEBI also gra - Date : Mon, 28 Mar 2011 07:49:09 GMT+00:00
Sridharan named acting chairman - Business Standard Tweet this news
Business Standard--The -Union- government has appointed R Sridharan, managing director of State -Bank of India- (SBI), as acting chairman. OP Bhatt retired from service today after a five-year tenure as chairman. Sridharan, whose tenure in the -bank- is s - Date : Thu, 31 Mar 2011 18:48:30 GMT+00:00

IN Banking in India

Central bankReserve Bank of India
Nationalised banksAllahabad Bank * Andhra Bank * Bank of Baroda * Bank of India * Bank of Maharashtra * Canara Bank * Central Bank of India * Corporation Bank * Dena Bank * IDBI Bank * Indian Bank * Indian Overseas Bank * Oriental Bank of Commerce * Punjab & Sind Bank * Punjab National Bank * Syndicate Bank * UCO Bank * Union Bank of India * United Bank of India * Vijaya Bank
State Bank GroupState Bank of India * State Bank of Bikaner & Jaipur * State Bank of Hyderabad * State Bank of Indore * State Bank of Mysore * State Bank of Patiala * State Bank of Travancore
Private banksAxis Bank * Bank of Rajasthan * Bharat Overseas Bank * Catholic Syrian Bank * City Union Bank * Development Credit Bank * Dhanalakshmi Bank * Federal Bank * Ganesh Bank of Kurundwad * HDFC Bank * ICICI Bank * IndusInd Bank * ING Vysya Bank * Jammu & Kashmir Bank * Karnataka Bank Limited * Karur Vysya Bank * Kotak Mahindra Bank * Lakshmi Vilas Bank * Nainital Bank * Ratnakar Bank * Rupee Bank * Saraswat Bank * SBI Commercial and International Bank * South Indian Bank * Tamilnad Mercantile Bank Limited * Yes Bank
Foreign bankABN AMRO * Abu Dhabi Commercial Bank * Antwerp Diamond Bank * Arab Bangladesh Bank * Bank International Indonesia * Bank of America * Bank of Bahrain & Kuwait * Bank of Ceylon * Bank of Nova Scotia * Bank of Tokyo Mitsubishi UFJ * Barclays Bank * Citibank India * HSBC * Standard Chartered * Deutsche Bank * Royal Bank of Scotland
Regional Rural banksSouth Malabar Gramin Bank * North Malabar Gramin Bank * Pragathi Gramin Bank * Shreyas Gramin Bank
Financial ServicesReal Time Gross Settlement(RTGS) * National Electronic Fund Transfer (NEFT) * Structured Financial Messaging System (SFMS) * CashTree * Cashnet * Automated Teller Machine (ATM)



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