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: 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.
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.
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.
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.
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.
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.
Last Updated: Thursday, May 09, 2013, 21:33
State-run Union Bank of India Thursday reported a near flat growth in post-tax profit for the fourth quarter ended March 31, 2013 at Rs 789 crore, as there was a dip in margin and credit growth was slow.
Last Updated: Tuesday, April 23, 2013, 14:54
State-run Union Bank of India (UBI) has fallen short of its overseas bond sale target, managing only USD 350 million, merchant bankers said.
Last Updated: Monday, April 15, 2013, 19:32
State-run Union Bank of India has hit the global debt market to raise around USD 500 million through bond issuance, said two merchant bankers working on the issue.
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