Liquidity in the Indian banking system has seen a significant decline this month says a research report by the Union Bank of India. It says the banking liquidity has fallen to Rs 0.95 lakh crore as on 28th August from a peak of Rs 2.86 lakh crore.
Ahead of the official release of the first quarter GDP growth numbers for FY25 on August 30, a report by the Union Bank suggests the GDP rate to be moderated at around 6.7 per cent.
The Delhi High Court on Thursday issued a notice regarding a public interest litigation (PIL) challenging the appointment of Pankaj Dwivedi as the Executive Director of Union Bank of India.
Uttar Pradesh's Lucknow police has busted a cyber gang that cheated Rs 120 crore from Dr. A. P. J. Abdul Kalam Technical University's (AKTU) account by creating fake mail IDs on behalf of AKTU and opening bank account in Union Bank of India.
BJP Karnataka alleged that Siddaramaiah-led Congress government was attempting to protect Minister B Nagendra, accused in the multi-crore scam involving Rs 187.33 crore.
New Delhi [India], May 29: Union Bank of India, a premier public sector bank in the country, has successfully modernised its risk management systems by implementing SAS solutions to enhance and streamline the Bank's risk operations and reporting through advanced model risk management solutio
The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the government IN FY25 according to a report by Union Bank of India.
The ratings agency affirmed various credit ratings for these institutions, signaling confidence in their financial stability despite ongoing economic challenges.
It was alleged that while working as Manager of Union Bank of India, Sowcarpet Branch, Chennai during the year 2007-09 and also looking after the Advances Department of the branch, had defrauded the bank and siphoned the bank's funds, said the release.
Pune (Maharashtra) [India], December 7: Bajaj Markets, a subsidiary of Bajaj Finserv, enables its users to apply for home loans. Individuals can borrow up to Rs. 15 Crores at interest rates starting from just 8.50% p.a.
Chief Executive Officer and Managing Director of Union Bank of India A Manimekhalai presented a check of Rs 1.52 crore for the disaster relief fund to Chief Minister Sukhvinder Singh Sukhu here on Wednesday.
In recent years, IREDA has been actively encouraging partnerships with various Central and State agencies as well as financial institutions to leverage its techno-financial expertise for the development of the renewable energy sector.