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.
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.
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.
Last Updated: Tuesday, May 20, 2014, 14:10
The NSE midcap index rose to a second consecutive record high on hopes the rally in shares sparked by the election outcomes would lead domestic and foreign institutions broaden their portfolios into riskier plays.
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.
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.
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.
Last Updated: Saturday, December 28, 2013, 18:31
Public sector lender Union Bank of India Saturday said Arun Tiwari assumed charge as its new chairman & managing director.
Last Updated: Friday, November 22, 2013, 15:50
Union Bank of India on Friday raised Rs 2,000 crore through issuing bonds that are compliant with the global banking norms, Basel III.
Last Updated: Thursday, October 31, 2013, 17:53
Union Bank of India Thursday reported 62.4 percent decline in net profit to Rs 208.12 crore for the July-September quarter of 2013-14 fiscal.
Last Updated: Friday, September 06, 2013, 15:52
Union Bank of India on Friday became the second state-run lender after the Reserve Bank's liquidity tightening moves, to increase its lending rate by 25 basis points to 10.25 percent.
Last Updated: Monday, August 19, 2013, 18:36
The spurt in bond yields to 9 percent on the 10-year gilt is expected to hurt the banking sector by Rs 40,000-45000 crore due to depreciation in bond portfolios, a top official of Union Bank of India said.
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