UBI

Kingfisher Airlines loan recovery not possible in near-term: United Bank to BSE

State-run lender United Bank of India Monday informed the BSE that it does not expect to recover Rs 400 crore it had lent to the grounded Kingfisher Airlines in the short-run but hoped the recovery could be possible in the long-run.

May 25, 2015, 22:47 PM IST

BSE seeks clarification from United Bank over Kingfisher Airlines loan

State-run United Bank of India Monday said the BSE has sought clarifications from it on reports that it does not expect to recover Rs 400 crore loan to the grounded carrier Kingfisher Airlines.

May 25, 2015, 21:05 PM IST

UBI to bank on mining, steel sectors for turnaround

Now as RBI has removed those restriction, I will be able to have a reasonable increase in credit this year.

May 17, 2015, 16:09 PM IST

United Bank of India Q4 net down 77% at Rs 104 cr

State-run United Bank of India on Thursday posted a steep 77.7 percent fall in net profit at Rs 104.78 crore for the last quarter of 2014-15 financial year due to rise in bad loans.

May 07, 2015, 18:29 PM IST

UBI cuts deposit rate on select maturities to 8.25%

Following RBI's repo rate cut last week, United Bank of India (UBI) Monday reduced retail term deposit rates on amounts of up to Rs 1 crore by 0.25 percent to 8.25 percent.

Mar 09, 2015, 22:09 PM IST

Union Bank Q3 net dips 13% at Rs 302 crore

Union Bank of India on Tuesday reported a 13.33 percent decline in net profit at Rs 302.42 crore for the October-December quarter.

Jan 27, 2015, 15:24 PM IST

UBI files caveat in SC against Kingfisher Airlines

UBI has filed a caveat in the Supreme Court against Kingfisher Airlines (KFA) shortly after Calcutta High Court division bench's judgement was delivered yesterday.

Aug 29, 2014, 15:36 PM IST

Union Bank of India Q1 profit up 18.5% at Rs 664 crore

Union Bank of India today reported 18.5 percent increase in net profit at Rs 664.11 crore for the first quarter ended June 2014.

Aug 01, 2014, 16:59 PM IST

Over Rs 3,350-cr worth NPAs with Union Bank of India

Union Bank of India has Non-Performing Assets (NPAs) worth about Rs 3,350 crore from 20 defaulters.

Jul 28, 2014, 17:46 PM IST

UBI asks Mallya, Kingfisher directors to appear on July 9

UBI was the first among other banks in the country to take such a stern step against the grounded airline.

Jun 29, 2014, 11:11 AM IST

Union Bank of India expects total business to grow by 12% this fiscal

UBI General Manager (Varanasi zone) H K Behera, who was also present at the event, said the bank is committed to expand its presence in rural areas and increase its branches to 600 by March 2015.

Jun 10, 2014, 11:52 AM IST