ubi - Latest News on ubi | Read Breaking News on Zee News

Union Bank of India to raise Rs 1,386 cr via QIP

Last Updated: Monday, June 30, 2014, 16:02

State-owned Union Bank of India has proposed to raise Rs 1,386 crore through Qualified Institutional Placement (QIP) to fund its business growth.

UBI asks Mallya, Kingfisher directors to appear on July 9

Last Updated: Sunday, June 29, 2014, 11:11

UBI was the first among other banks in the country to take such a stern step against the grounded airline.

Union Bank of India expects total business to grow by 12% this fiscal

Last Updated: Tuesday, June 10, 2014, 11:52

UBI General Manager (Varanasi zone) H K Behera, who was also present at the event, said the bank is committed to expand its presence in rural areas and increase its branches to 600 by March 2015.

Union Bank to launch Rs 1,390-cr QIP issue in Q2

Last Updated: Sunday, June 01, 2014, 18:06

With markets on a roll, the state-run Union Bank of India is set to launch its Rs 1,386-crore qualified institutional placement (QIP) issue in the second quarter of this fiscal, a top official has said.

Union Bank Q4 Net down 26% at Rs 578 cr

Last Updated: Monday, May 12, 2014, 16:50

The bank had reported net profit (standalone) of Rs 789.38 crore over the corresponding period a year ago.

Union Bank posts 27% fall in Q4 net profit at Rs 578.88 crore

Last Updated: Thursday, May 08, 2014, 13:53

Total revenue of the bank stood at Rs 8,444.91 crore for the Jan-March quarter.

United Bank of India Chairperson Archana Bhargava resigns

Last Updated: Friday, February 21, 2014, 19:37

United Bank of India Chairperson Archana Bhargava has quit after taking voluntary retirement, citing health grounds, amid probes into misreported bad loans.

Infosys cites UBI official to say no deficiencies in software

Last Updated: Friday, February 21, 2014, 00:26

A day after United Bank of India (UBI) blamed software sourced from Infosys for wrong classification of bad loans, the IT company today issued a statement quoting a senior bank official to say there were "no inherent deficiencies."

United Bank to raise Rs 1,000 cr equity capital

Last Updated: Sunday, February 16, 2014, 12:29

Government holds 87.99 per cent in the Kolkata-headquartered bank.

United Bank, Canara Bank revise interest rates

Last Updated: Thursday, February 13, 2014, 22:24

Public sector lenders United Bank of India (UBI) and Canara Bank Thursday revised interest rates.

ICRA downgrades United Bank bond's rating on NPA scare

Last Updated: Thursday, February 13, 2014, 20:28

The troubles of United Bank of India (UBI), which saw a massive spike in its bad loans, increased Thursday with ICRA downgrading the rating on the Kolkata-based government lender's tier-II bonds programme.

Union Bank Q3 Net up 15% at Rs 349 cr

Last Updated: Friday, January 31, 2014, 14:06

Union Bank of India (UBI) on Friday reported a 15.39 percent rise in its net profit at Rs 348.94 crore for the third quarter ended December 31, 2013.