Mumbai, Sep 11 The Union Bank of India will reduce the marginal cost of funds-based lending rate (MCLR) by up to 5 basis points across tenors. The reduced MCLR would come into effect on Friday. This is the 15th consecutive
Mumbai, Aug 22 State-run lender Union Bank on Friday reported a net profit of Rs 333 crore for the first quarter of 2020-21. The lender had reported a net loss of Rs 7,157 crore during the corresponding period of the
Mumbai, Aug 10 The Union Bank of India on Monday announced a reduction in the marginal cost of funds-based lending rate (MCLR) by up to 15 basis points across tenors. The reduced MCLR would come into effect on Tuesday. This
Mumbai, July 10 Union Bank of India on Friday announced reduction in its marginal cost of funds-based lending rate (MCLR) by 20 points across all tenors. The rate cut will come into effect from Saturday, the company said in a
Mumbai, July 3 The Union Bank of India has expanded the insurance distribution channels after the amalgamation of Andhra Bank and Corporation Bank with it with effect from April 1, 2020. Now, all branch outlets of Union Bank of India will
Mumbai, May 30 Union Bank of India on Saturday announced reduction in External Benchmark Lending Rate (EBLR) by 40 bps to 6.80 per cent taking into consideration the recent change in Repo Rate by RBI. The revised rates will be
New Delhi, Feb 11 Union Bank of India (UBI) on Monday announced that its standalone net profit for the quarter ended December 31 stood at Rs 574.58 crore. During the July-September quarter of the financial year 2019-20, the public sector
Mumbai, Jan 4 Public sector lender Union Bank of India plans to raise up to Rs 600 crore through “Employee Share Purchase Scheme”, subject to shareholders’ approval. According to the bank, its stakeholders Relationship Committee (SRC) has approved the scheme
Mumbai, Feb 4 State-run Union Bank of India on Saturday reported a net loss of Rs 1,250 crore for the third quarter of 2017-18, against a net profit of Rs 104 crore in the corresponding period of 2016-17. “Net loss
Mumbai, May 9 Union Bank of India on Monday reported a 12.5 per cent increase in its net profit to Rs 108.22 crore in the quarter ended March 31, 2017 as compared to Rs 96.12 crore in the corresponding period
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