Union bank

Inside Titan Trust Bank’s planned acquisition of Union Bank

In December last year, news of the deal spilled over into the financial sector. TTB, a bank established in 2019 and largely unknown domestically, has acquired a majority stake in Union Bank, which is Nigeria’s second oldest bank. TTB is positioning itself as a digital bank and hopes to leverage Union Bank’s reach – 239 […]

Union bank

SLT-MOBITEL’s mCash partners with Union Bank to deliver enhanced banking convenience – The Island

Sri Lanka’s leading private sector bank, HNB PLC, has partnered with local automotive giant Indra Traders to provide customers with exclusive leasing solutions for unregistered and used vehicles and freezers. Customers can enjoy attractive benefits and discounts during the promotional period from January to December 2022. Dilshan Rodrigo, Managing Director of HNB, Chief Operating Officer, […]

Union bank

BBB unlikely to recruit private candidates for Union Bank of India top spot

Banks Board Bureau (BBB), which has been tasked with recommending candidates for the top positions in public sector banks, is unlikely to invite candidates from the private sector to participate in the selection process for the CEO position and CEO of Union Bank of India (UBI). He had recently stunned the banking world after removing […]

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Opening of the VAPT laboratory at the Cyber ​​Security CoE of Union Bank

Union Bank of India has set up an automated Vulnerability Assessment and Penetration Testing (VAPT) laboratory at its Cybersecurity Center of Excellence in Hyderabad and launched a cybersecurity awareness kit. “With the establishment of the laboratory, the bank can quickly perform security testing of any new product and deployment can be possible very quickly,” said […]

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the managing director of Atul Kumar Goel PNB; The hunt is on for Union Bank CEO – The New Indian Express

Through Express news service NEW DELHI: The Cabinet Appointments Committee (ACC) has approved the name of Atul Kumar Goel, who is currently Managing Director and CEO of UCO Bank, as the Special Service Office at Punjab National Bank. “The order will come into effect from the date of entry into office of said office until […]

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BBB calls for applications for the post of Managing Director of Union Bank of India

The Banks Board Bureau (BBB), the headhunter for public banks and financial institutions, has called for applications for the post of Managing Director and Managing Director of Union Bank of India for a three-year term. The post of Managing Director and CEO would become vacant at Mumbai-based Union Bank of India when Rajkiran Rai G […]

Union bank

BBB Is Calling for Applications for Union Bank of India MD Position

The Banks Board Bureau (BBB) ​​has called for applications for the post of Managing Director and Managing Director of Union Bank of India for a term of three years. The post of Managing Director and CEO would become vacant at the Mumbai-based Union Bank of India when Rajkiran Rai G retires in June 2022. According […]

Union bank

Changes: Union Bank hires Kowalewski as vice president

Robert Kowalewski joined Union Bank as Vice President, Director of Business Development. Kowalewski will focus on strategic initiatives that will help support and develop the bank’s brand in the various markets served by Union Bank. This will include business, retail, consumer, mortgage, investment and treasury management. ACCOUNTING Beene Garter LLP promoted Brandi clark hubbard, Sarah […]

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Co-loan with NBFCs to feed the Union Bank portfolio

Union Bank of India, which expects its retail and MSME portfolio to grow by at least 7,000 crore next year as part of the lending partnership with non-bank financial companies, has set up a dedicated branch to sanction loans within 24 hours. “We are developing specific products adapted to the co-loan model… We already have […]

Union bank

Titan Trust Bank acquires majority stake in Union Bank

Titan Trust Bank Limited (TTB) has acquired significant stakes in Union Bank of Nigeria Plc. Somuyiwa Sonubi, secretary of Union Bank, revealed this in a statement published Thursday on the Nigerian Exchange Limited (NGX). According to the statement, Union Global Partners Limited, Atlas Mara Limited and other existing shareholders have agreed to divest 89.39% of […]

Union bank

Citigroup to sell its consumer banking business in the Philippines to Union Bank

By P.R. Venkat Citigroup Inc. is selling its retail banking business in the Philippines with assets worth nearly $1.8 billion to a national bank as part of an exit strategy from retail banking in Asia. Union Bank of the Philippines will also get Citi’s credit cards, personal loans, wealth management and retail deposit business as […]

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HomeFirst partners with Union Bank of India for co-loan

Union Bank of India (UBI) and Home First Finance Company India Ltd (HomeFirst) enter into a strategic co-loan partnership to provide home loans to clients at competitive interest rates. The partnership aims to take advantage of the strengths of the two entities to offer a transparent experience to individual mortgage clients in the priority sector. […]

Union bank

Staff asked to follow the “Navratri” dress code or pay a fine; circular later withdrawn

The All India Union Bank Employees Federation (AIUBEF) did not accept the diktat and sent a letter to UBI Managing Director and CEO Rajkiran Rai G., demanding strict action against the Managing Director. The eminent scholar and CPI-M deputy from Madurai, S. Venkatesan, sent a letter to the UBI, calling Raghavendra’s circular “very atrocious”. “This […]

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ED searches homes of former NSIC and Union Bank of India officers in Rs 173 crore bank fraud case

The Law Enforcement (ED) Directorate seized fixed deposits worth Rs 1.04 crore after raiding the residential premises of National Small Industries Corporation (NSIC) officers and former employees of the former United Bank of India in a fraud case, officials said. Searches were conducted at the residential premises of Manik Lal Das (then Area Director and […]

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Link with Union Bank for MSME co-loan; agreement with SBI on cards, said Rajesh Sharma, CEO of Capri Global

In today’s edition of News By Views, Zee Business Editor-in-Chief Anil Singhvi speaks with Rajesh Sharma, Managing Director of Capri Global Capital. It is a non-bank financial company (NBFC) which lends to the MSNE and I also to the financing of housing. Its affordable housing funding is a bigger vertical. It is also present in […]

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capri global capital: CGCL partners with Union Bank of India to help MSMEs

Capri Global Capital Limited (CGCL), an NBFC focused on MSMEs and Affordable Housing Finance segment, has entered into a co-loan agreement with Union Bank of India (UBI), to offer loans to MSMEs. Through this collaboration, CGCL and UBI aim to disburse loans to MSMEs in over 100 outlets across India. Disbursement of the loan under […]

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Union Bank of India and Capri Global Capital join forces to lend to MSMEs

Union Bank of India has entered into a co-loan partnership with Capri Global Capital, whereby they will disburse loans to MSMEs. Capri Global Capital Ltd (CGCL) is a non-bank finance company focused on MSME lending and affordable housing finance segment. The co-loan agreement aims to improve last mile financing and promote financial inclusion of MSMEs […]

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Union Bank wins the FMDQ CP award

Union Bank Plc received an award for Largest Commercial Paper Deposit in the Primary Market Price Category at the just concluded FMDQ GOLD Awards. This is a prize awarded to the issuer with the highest total value of commercial paper admitted to the FMDQ depositary during the year in view. Union Bank received the award […]

Union bank

Union Bank of India consolidated net profit jumps 183% to Rs 1,510 crore

State-owned Union Bank of India on Tuesday announced a 183% increase in its consolidated net profit to 1,510 crore rupees for the September 2021 quarter, mainly due to the takeover of the DHFL account which was written off earlier. . The lender’s net profit stood at Rs 533.87 crore in the corresponding quarter of last […]

Union bank

Union Bank of India consolidated net profit jumps 183% to Rs 1,510 cr in September quarter

Bank shares gained 6% on Tuesday to close at Rs 49.45 a piece on BSE State-owned Union Bank of India on Tuesday announced a 183% increase in its consolidated net profit to 1,510 crore rupees for the September 2021 quarter, mainly due to the takeover of the DHFL account which was written off earlier. . […]

Union bank

UCO Bank Chairman AK Goel is new IBA Chairman and succeeds Union Bank MD

AK Goel, Managing Director & CEO (MD & CEO), UCO Bank is the new chairman of the banking industry lobby group Indian Bank’s Association for 2021-2022. He succeeds Rajkiran Rai G, Managing Director and CEO of Union Bank of India. IBA’s board of directors, at its meeting on October 14, 2021, elected Goel president of […]

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Union Bank of India staff asked to follow the ‘Navratri’ dress code or pay a fine!

In a strange development, the public sector lender, the Union Bank of India, had demanded that some of its staff adhere to a special “Navratri” dress code or be prepared to pay fines. The detailed order came on a colorful circular issued on October 1 by the Digitization Department, at the Mumbai central office, signed […]

Union bank

Union Bank faces Rs 200 fine for violation of Navratri dress code; withdraw the order

After members of the All India Union Bank Employees Federation wrote to Union Bank Managing Director and CEO Raj Kiran Rai G, the back office central office digitization department withdrew its official instruction which required all employees to dress according to a define a color code on the nine days of Navratri. The employees, who […]

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Union Bank will continue to focus on retail banking, SMEs

Through Chinwendu Obienyi In In order to remain the most reliable partner for Nigerian businesses, the Union Bank of Nigeria Plc (UBN) said it will continue to focus on retail banking and SME support. Its brand and marketing director, Ogochukwu Ekezie-Ekaidem, said this in an interactive session with senior bank officials via zoom. Ekezie-Ekaidem explained […]

Union square

Zero Irving facade installation nears completion in Union Square, Manhattan

Union Square’s first vertical tech campus and small business incubator nears completion. Located at 124 East 14th Street, Zero Irving is RAL Development’s latest project and is envisioned as a fair alternative for small businesses that typically cannot afford Class A office space and an educational launch point for the next generation of tech-centric workers […]

Union set

Cork credit union to charge fees on savings

Cork credit union set to become the first in Ireland to introduce fees on accepting deposits from members, as the industry continues to grapple with the costs of holding savings in full swing boom and moderate demand for loans. First South, a credit union covering the south of the city with 34,000 members, will introduce […]