Search For "union bank"
Government unveils merger of 10 PSU banks to become four major entities
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 30 (ANI): Government on Friday announced merger of 10 public sector banks (PSBs) into four strong lenders with countrywide networks and global reach to boost credit and revive economic growth in the nation's bid to become a five trillion dollar economy in the next f
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Bank withdraws eviction notice sent to Noida flat owners for builder's def
Updated : 6 years, 7 months ago IST
Gautam Buddh Nagar (Uttar Pradesh) [India], Aug 14 (ANI): In a huge relief to flat owners of a residential society, Union Bank of India (UBI) on Wednesday withdrew a notice asking them to vacate their houses by August 20 as the builder failed to pay Rs 78.45 crore loan.
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After SBI, more PSU banks link deposit and loan rates to repo
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 10 (ANI): More government-owned banks have announced linking their lending and deposit rates to the Reserve Bank of India's (RBI's) repo for facilitating faster transmission after the State Bank of India did so in May.
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Union Bank's first quarter profit edges 73 pc higher to Rs 225 crore
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 2 (ANI): State-owned Union Bank on Friday reported 73 per cent increase in its net profit at Rs 225 crore during the April to June quarter from Rs 130 crore in the corresponding quarter of previous fiscal year.
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RBI fines 4 PSU banks for deficiencies in regulatory compliance
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 13 (ANI): The Reserve Bank of India (RBI) has imposed penalties on four public sector banks for non-compliance of its various directions.
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3 banks fined by RBI for delay in fraud detection
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 08 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore each on the Union Bank of India, Bank of India and Bank of Maharashtra for failing to detect and report fraud in certain accounts on time.
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Bank of Baroda reviews lending rates
Updated : 7 years, 9 months ago IST
New Delhi [India], June 06, (ANI): Bank of Baroda has reviewed its benchmark lending rates i.e. marginal cost of funds based lending rates (MCLR) across various tenors.
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NCLT approves insolvency resolution plea of Era Infra
Updated : 7 years, 10 months ago IST
New Delhi [India], May 8 (ANI): The National Company Law Tribunal (NCLT) on Tuesday approved the Union Bank of India's insolvency resolution plea against Era Infra Engineering.
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CBI files case against infra company over bank fraud of Rs. 1,394 cr
Updated : 7 years, 11 months ago IST
Hyderabad (Telangana) [India] March 22 (ANI): The Central Bureau of Investigation (CBI) on Thursday filed a case against an infrastructure company on the complaint of Union Bank of India.
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CBI registers case against RP Infosystem over bank fraud of Rs 512 crore
Updated : 8 years ago IST
Kolkata (West Bengal) [India] Feb. 28 (ANI): The Central Bureau of Investigation (CBI) has filed FIR against Kolkata based RP Info System for a bank fraud of Rs. 512.12 crore.
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After Nirav Modi, Kothari of Rotomac Pens on run?
Updated : 8 years ago IST
Kanpur (Uttar Pradesh) [India] Feb. 18 (ANI): If the reports emanating from Kanpur are to be believed then it seems a Punjab National Bank (PNB) like banking fraud case has taken place.
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Opening Bell: Sensex plunges by 500 pts
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 5 (ANI): Markets continue to crumble post the Union Budget 2018, with the Sensex opening 527.75 points lower at 34,539 in early morning trade on Monday. Nifty declined by 166.40 points to 10,594.20.
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