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Page 6 - Union Bank

Union Bank receives board's approval to raise Rs 74 bn in current fiscal

The bank has capped the money to be raised from additional tier I (ATI) bonds or tier 2 bonds to Rs 37 billion within the overall capital raising limit of Rs 74 billion

Union Bank receives board's approval to raise Rs 74 bn in current fiscal
Updated On : 18 May 2018 | 7:54 PM IST

After PNB and BoI, Union Bank to now rationalise branch, ATM networks

The bank began the groundwork in the third quarter and part of the plan will be implemented in the fourth quarter

After PNB and BoI, Union Bank to now rationalise branch, ATM networks
Updated On : 07 Feb 2018 | 12:47 AM IST

Union Bank net profit down 68% in Q1

Net NPA ratio was at 6.16% as on June 30, 2016, as against 3.08% as on June 30 last year

Union Bank net profit down 68% in Q1
Updated On : 06 Aug 2016 | 5:11 PM IST

Union Bank shares dive 6% on disappointing March quarter results

Its net NPAs also increased to 5.25% from 2.71% at the end of March 2015

Union Bank shares dive 6% on disappointing March quarter results
Updated On : 16 May 2016 | 6:06 PM IST