union-bank - Latest News on union-bank | Read Breaking News on Zee News

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.

Arun Tiwari is new chairman of Union Bank

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.

EU reach banking union deal to close failing banks

Last Updated: Thursday, December 19, 2013, 01:37

EU finance ministers Wednesday reached a banking union accord which will hand Brussels unprecedented new powers to prevent failing banks from wrecking the economy, official sources said.

Union Bank raises Rs 2,000 cr to shore up capital

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.

EU urges Luxembourg, Austria to open up bank secrecy

Last Updated: Friday, November 15, 2013, 19:54

The EU`s Tax Commissioner urged Luxembourg and Austria on Friday to abandon opposition to moves to open up bank secrecy, against a backdrop of a cross-border campaign to track illicit funds.

Union Bank Q2 profit declines by 62% to Rs 208 cr

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.

Union Bank hikes base rate to 10.25%, ups rate for NRE deposits

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.

Rising bond yields impact over Rs 40,000 cr for banking sector

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.

Union Bank to raise Rs 3,000 cr equity to meet Basel-III norms

Last Updated: Sunday, August 04, 2013, 15:16

Mid-sized lender Union Bank of India plans to raise Rs 3,000 crore towards equity to meet Basel-III norms after 2015.

Union Bank of India Q1 profit rises 9.5% to Rs 560 cr

Last Updated: Thursday, August 01, 2013, 15:30

Total income increased to Rs 7,613.53 crore from Rs 6,561.10 crore, UBI said in a filing to the BSE.

OBC puts on hold decision to cut minimum lending rate by 0.25%

Last Updated: Friday, July 19, 2013, 15:20

State-owned Oriental Bank of Commerce on Friday said it has put on hold its decision to cut base rate by 0.25 percent to 10 percent proposed to be effective from July 22.

Union Bank cuts base rate to 10%

Last Updated: Monday, July 08, 2013, 20:29

The city-headquartered lender slashed its base rate to 10 percent effective today, the bank said in a statement.