UNION BANK OF INDIA Company Profile Details at KooCapital.Com – Stock Market News Portal.
Union Bank of India engages in the provision of commercial banking services. The firm operates through the following segments: Treasury Operations, Corporate and Wholesale Banking, Retail Banking Operations and Other Banking Operations. It engages in the provision of personal and corporate loans. The company was founded on November 11, 1919 and is headquartered in Mumbai, India.
union bank of india company operating in Finance Sector and dealing in Major Banks. union bank of india is SEBI Listed Company (India) and having:-
ISIN (An International Securities Identification Number): INE692A01016
Equity Stock (National Stock Exchange) Symbol: UNIONBANK
NSE Link IS: https://www.nseindia.com/get-quotes/equity?symbol=UNIONBANK
BSE Link IS: https://www.bseindia.com/stock-share-price/union-bank-of-india/UNIONBANK/532477/
Union Bank of India is engaged in the Business of Banking Services, Government Business ,Merchant Banking, Agency Business Insurance, Mutual Funds, Wealth Management etc.[1]
Ratios (Q3FY21) Capital Adequacy Ratio – 12.98% Net Interest Margin – 2.94%[1] Gross NPA – 13.49% Net NPA – 3.27% CASA Ratio – 35.38%
Union Bank of India was established on 11th November 1919 with its headquarters in the city of Bombay, now known as Mumbai.
The Head Office building of the Bank in Mumbai was inaugurated by Mahatma Gandhi, the Father of the Nation in the year 1921, and he said on the occasion:
“We should have the ability to carry on a big bank, to manage efficiently crore of rupees in the course of our national activities. Though we have not many banks amongst us, it does not follow that we are not capable of efficiently managing crore and tens of crore of rupees.”
His prescient words anticipated the growth of the bank that has taken place in the decades that followed.
Today, the Bank has a network of 9500+ domestic branches, 13300+ ATMs, 11700+ BC Points, serving over 120 million customers with 75000+ employees. The Bank also has 3 branches overseas at Hong Kong, Dubai International Financial Centre (UAE) & Sydney (Australia); 1 representative office in Abu Dhabi (UAE); 1 banking subsidiary at London (UK); 1 banking joint venture in Malaysia; 3 para-banking subsidiaries and 3 joint ventures (including 2 in life insurance business). The Bank’s core values of prudent management without ignoring opportunities is reflected in the fact that the Bank has shown uninterrupted profit during all 97 years of its operations.
Disclaimer: Union Bank of India shall bear no responsibility for confidentiality of information shared on social media platforms.
Union Bank of India stand with [One of the largest Public Sector Banks in India.]
Company Website: http://www.unionbankofindia.co.in/
Company Website2: http://www.unionbankofindia.co.in/
LinkedIn page URL: https://in.linkedin.com/company/unionbankofindia
Wiki Profile URL: https://en.wikipedia.org/wiki/Union_Bank_of_India
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