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Over Rs 3,350-cr worth NPAs with Union Bank of India

Last Updated: Monday, July 28, 2014, 17:46

Union Bank of India has Non-Performing Assets (NPAs) worth about Rs 3,350 crore from 20 defaulters.

United Bank to raise Rs 300 cr by selling shares to LIC soon

Last Updated: Wednesday, July 23, 2014, 14:59

The bank proposes to issue 8.45 crore shares to LIC at a price of Rs 35.50 per share.

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.

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.

City Union Bank Q4 Net rises 1% to Rs 83.34 crore

Last Updated: Monday, May 26, 2014, 15:41

Private-lender City Union Bank today reported a marginal rise of one per cent to Rs 83.34 crore for the quarter ended March 31.

TransUnion increases stake in Cibil to 55%

Last Updated: Thursday, May 22, 2014, 16:16

Thirteen years after it started working with Cibil, global credit and information services player TransUnion has increased its stake in the country's largest credit information bureau to a majority 55 percent from earlier 47.5 percent.

NSE midcap index hits second straight record high

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.

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.

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.