Union Bank creates new organisational structure with 18 zonal offices

The bank has opened two new zonal offices in the southern part of the countryaimed at further strengthening its market share

State-owned Union Bank of India, which merged Andhra Bank and Corporation Bank with it in April, on Thursday said it has created a new organisational structure having18 zonal offices and 125 regional offices.

Union Bank said it has established four new zonal offices in Chandigarh, Jaipur, Mangalore and Visakhapatnam to increase its penetration.

Post the amalgamation, Union Bank has become the fifth largest public sector bank. It now has more than 9,500 branches and over 13,500 ATMs.

 

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