Tuesday, Nov 29, 2022

United Bank of India


ED searches former top PSU banker over money laundering

March 27, 2021 7:50 am

The agency's case is based on a CBI FIR against Bhargava, who was also Executive Director at Canara Bank, over disproportionate assets.

United Bank of India posts Q3 loss of Rs 638 crore

February 13, 2018 1:36 am

Gross NPA as a percentage of total loans rose to 20.10 per cent from 15.98 per cent a year ago. In the September quarter of this fiscal, the gross NPA ratio was at 18.80 per cent.

UBI lowers base rate, others wait for SBI

January 16, 2015 2:37 am

United Bank of India has lowered its base rate to 10% from 10.25%.

Supreme Court refuses to entertain Kingfisher plea against UBI move

September 03, 2014 1:28 am

Attorney General Mukul Rohatgi, who appeared for the UBI, argued that the airline diverted funds and has not even paid its workers.

SC refuses to entertain plea of Kingfisher Airlines

September 02, 2014 2:21 pm

The airline counsel submitted that they would challenge the GRC order before the concerned High Court.

United Bank slaps wilful defaulter tag on Mallya, three KFA directors

September 02, 2014 5:46 am

First lender to take such a step after KFA chief fails to appear before internal committee.

RBI lets UBI take exposure of up to R200 cr

June 12, 2014 3:53 am

It also has the highest gross NPA among all listed banks at 10.8 per cent.

United Bank of India’s loan book shrinks in FY14 due to capital erosion

May 03, 2014 3:46 pm

United Bank's loan disbursement saw degrowth on back of capital erosion as well as RBI lending cap.

Top 24 defaulters owe bank R2,088 crore

March 18, 2014 1:25 am

Beleagured United Bank of India has among its big defaulters names such as Lanco Infratech, Bharati Shipyard, Varun Industries and Electrosteel Integrated.

Poll campaign manager, businessman, party leader directors on UBI board

March 18, 2014 1:22 am

None of FinMin nominees have any banking sector experience