Pune (Maharashtra) [India], November 22 (ANI/NewsVoir): With an aim to make equipment financing an easy, efficient, and simple process, Sany Bharat recently signed a Memorandum of Understanding (MoU) with Union Bank of India. As per the agreement, the network of Union Bank will extend equipm
New Delhi [India], September 13 (ANI): A Delhi Court on Tuesday extended by four weeks the interim bail of Ajay Ramesh Nawandar, arrested in connection with an alleged bank fraud of Rs 34,615 crore by Dewan Housing Finance Corporation Limited (DHFL) on medical ground.
New Delhi [India], August 31 (ANI): In a bribery case of 2012, the Special Judge, CBI cases, Siliguri, sentenced Captain Kanwar Akashdeep Mahabir, then Security Manager, Union Bank of India, Regional Office, to two years of rigorous imprisonment with a fine of Rs 40,000.
New Delhi [India], July 28 (ANI): The Central Bureau of Investigation (CBI) on Thursday said it conducted further searches in an ongoing investigation of a case related to the alleged loss of Rs 34,615 crore (approx) to the consortium of 17 Banks led by Union Bank of India.
Mumbai (Maharashtra) [India], June 22 (ANI): The Central Bureau of Investigation (CBI) on Wednesday registered fresh cases against Dewan Housing Finance Corporation Ltd (DHFL) erstwhile promoters Kapil Wadhawan and Dheeraj Wadhawan for defrauding a consortium of banks led by Union Bank of In
New Delhi [India], June 3 (ANI): The government has appointed A Manimekhalai as managing director and chief executive officer of Union Bank of India for a period of three years, the state-run lender said on Friday.
New Delhi [India], May 13 (ANI): State-owned Union Bank of India on Friday reported a standalone net profit of Rs 1,440 crore for the fourth quarter of 2021-22, posting a year-on-year increase of around 8 per cent.
New Delhi [India] May 6 (ANI/ATK): The Account Aggregator Ecosystem framework went live in Sept 2021. The ecosystem helps lenders to leverage on digital data acquired by taking a consent from the customers, providing them a seamless journey, and eliminating the need of physical documentation
Mumbai (Maharashtra) [India], May 4 (ANI/PNN): Dhanvarsha Finvest Ltd (BSE: 540268) has intimated the exchanges of a business update. The company's provisional loan book as on March 2022 stood at Rs 3050 Million, growing at a CAGR of 184 per cent growth in loan book driven by robust disburse
Mumbai (Maharashtra) [India], April 20 (ANI/PNN): Star Union Dai-ichi Life Insurance (SUD Life), a joint venture between two of India's leading public sector banks, Bank of India and Union Bank of India, and Dai-ichi Life Japan is honored with Golden Peacock award from Institute of Directors
Hyderabad (Telangana) [India], January 22 (ANI): Hyderabad Police on Saturday arrested a former Manager of Union Bank of India for Rs 65 crore forgery.
New Delhi [India], November 29 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on the Union Bank of India (UBI) for non-compliance with certain provisions of its directions relating to fraud classification and reporting and sale of stressed assets.