United Bank

United Bank to cut bulk deposit rates by up to 1.5% from Monday

Public sector United Bank of India Thursday said it will cut interest rates on bulk deposits of Rs 1 crore and above for various maturities by 0.25-1.5 percent from Monday.

 

Jan 14, 2016, 18:43 PM IST
Pakistan imports pink balls from Australia for first-class final

Pakistan imports pink balls from Australia for first-class final

Pakistan has already imported pink balls from Australia for the final.

Jan 02, 2016, 16:47 PM IST

United Bank mulling to shift treasury department to Mumbai

Kolkata-based lender United Bank of India is mulling at shifting its treasury department to the financial capital of the country in order to stay closer to the market.

Jun 21, 2015, 20:34 PM IST
United Bank says lost hope to recover money from Kingfisher Airlines

United Bank says lost hope to recover money from Kingfisher Airlines

United Bank of India has become the first of the 17 lenders to publicly admit that it no longer expects to recover its dues from the beleaguered Kingfisher Airlines.

May 24, 2015, 11:39 AM IST

United Bank profit at Rs 41.78 cr in Q3

State-owned United Bank of India today posted net profit of Rs 41.78 crore for its third quarter ended December 31 despite increase in bad loans.

Feb 10, 2015, 15:07 PM IST

Govt splits Chairman & MD post, names chiefs for 4 PSU banks

In a departure from the past, the government on Wednesday split the post of Chairman and Managing Director for PSU banks and named MD-and-CEOs of four banks including United Bank and Oriental Bank of Commerce.

Dec 31, 2014, 14:04 PM IST

United Bank declares Kingfisher, Vijay Mallya wilful defaulters

State owned United Bank of India on Monday became the first lender to declare debt ridden Kingfisher Airlines, its promoter Vijay Mallya and other directors wilful defaulters as the company allegedly indulged in diversion of funds by opening multiple accounts.

Sep 01, 2014, 13:13 PM IST

United Bank of India declares Kingfisher Airlines as 'wilful defaulter'.

United Bank of India on Monday declared Kingfisher Airlines and its promoter Vijay Mallya as 'wilful defaulter'.

Sep 01, 2014, 11:30 AM IST

United Bank raises Rs 300 cr by selling shares to LIC

State-owned United Bank of India Monday said it has raised Rs 300 crore by selling shares on preferential basis to LIC.

Jul 28, 2014, 21:10 PM IST

United Bank to 'name and shame' wilful defaulters: Narang

State-owned United Bank of India will soon embark upon process to 'name and shame' its wilful defaulters as part of its effort to recover dues.

Jul 18, 2014, 14:02 PM IST

RBI doesn't have magic wand to help United Bank: Chakrabarty

United Bank posted a net loss of Rs 1,238 crore in the three months to December.

Mar 20, 2014, 19:19 PM IST

United Bank faces auditing, corporate governance probes

Besides, the Institute of Chartered Accountants of India (ICAI) is believed to be looking at the role of the bank's auditors, sources said, although there was no official word on these fresh probes.

Mar 02, 2014, 18:43 PM IST

United Bank to raise Rs 1,000 cr equity capital

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

Feb 16, 2014, 12:29 PM IST

Crisil assigns AA+ rating for United Bank tier-II bonds

As per the agency, this is the first tier-II capital instrument issued in the domestic market under the Basel III capital regulations.

Jun 14, 2013, 22:44 PM IST

United Bank Q4 profit down 79% at Rs 31 crore

The bank had recorded a profit of Rs 149.29 crore in the same period of the previous fiscal, United Bank of India said in a filing to the BSE.

May 14, 2013, 18:54 PM IST

United Bank issues bonds to raise Rs 300 crore

Public sector United Bank of India Wednesday said it has completed issuing perpetual bonds to raise Rs.300 crore to augment its core capital.

Dec 05, 2012, 21:38 PM IST

United Bank to sell bad loans worth Rs.300 crore

The bank is also emphasising on its recovery mechanism to bring down its gross non-performing assets (NPAs) to 3.25 percent by the fiscal-end from 3.88 percent during the second quarter of the current fiscal.

Nov 13, 2012, 12:46 PM IST