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Thursday, February 27, 2020

Union Bank

UNION BANK NEWS

RBI imposes Rs 1 crore fine on Union Bank for delay in fraud detection, reporting

September 07, 2018 5:24 pm

RBI had issued a show cause notice to the bank on January 15, 2018, asking why a penalty not be imposed on Union Bank of India under the Act.

Fourth quarter result: Union Bank posts Rs 2,583-crore loss

May 11, 2018 12:48 am

On the asset front, bank's gross non-performing assets (NPAs) rose to 15.73 per cent of gross advances by the end of March 2018 from 11.17 per cent in the year-ago period.

RBI slaps Rs 3-crore penalty on Union Bank

August 01, 2017 2:42 am

The second case related to a complaint regarding “huge cash withdrawals in certain accounts”.

‘Make in India’ push: Union Bank cuts rates for MSMEs

November 06, 2014 6:10 am

Reduction by as much as 200-375 bps for investment grade loans.

Briefly Business: RBI extends bank’s spl forex window

November 23, 2013 3:32 am

The RBI on Friday allowed banks to utilise the special window till December 31 to borrow forex against their core capital but with riders.

Earnings of five state-run banks better than expected

November 04, 2013 11:26 am

Star performer Bank of India's profit soared over 105% to Rs 622 crore in September quarter.

Union Bank of India Q1 profit rises 9.5 percent to Rs 560 crore

August 01, 2013 3:44 pm

State-run bank had a profit of Rs 511.59 crore during the same period of the previous fiscal.

Bank shares tank up to 6% amid govt plans for higher borrowing

February 28, 2013 9:21 pm

Bank shares today slumped by as much as 6% on liquidity concerns in banking system.

Axis Bank cuts FD rates by 25 bps

October 10, 2012 3:26 am

Deposits with tenure of 1 yr-18 mths to give lower returns as lender seeks to cut cost of funds.

Driver of ATM van sedates guards,flees with Rs 51L

September 30, 2012 1:12 am

Another ATM cash van was reportedly robbed in Northwest Delhi on Saturday.