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Union Bank of India News
Union Bank of India
OBC, UBI bank account holder? What will happen to your credit and debit cards, will your User ID change? EXPLAINED
Tue, Feb 02, 2021
Here is an important news for OBC, UBI account holders regarding their debit cards and credit cards. As Oriental Bank of Commerce (OBC) and United Bank of India (UBI) have been merged with Punjab National Bank (PNB), there are many questions troubling OBC and UNI bank customers.
Bank Holidays February 2021: First holiday on February 12, check other 5 RBI-sanctioned holidays this month
Mon, Feb 01, 2021
Bank Holiday Calendar 2021: Everyone has banking needs and we often have to frequently visit banks for various reasons. Ranging from opening bank accounts, transferring money to updating our KYC details.
Central Bank of India reduces MCLR - Check revised tenor wise interest rates
Mon, Sep 14, 2020
In a major development, Central Bank of India has reduced its 1-year MCLR from 7.15% to 7.10% and also reduces MCLR of other tenors by 5 bps w.e.f. 15th September 2020.
Union Bank Of India reduces MCLR by 5 BPS across all tenors
Sun, Sep 13, 2020
Union Bank of India has announced reduction in Marginal Cost of Funds- based Lending rate (MCLR) by 5 basis points across all tenors.
Stock Market Opening Bell: Sensex, Nifty rise on strong global sentiments; Eicher Motors, Union Bank of India shares gain
Mon, Aug 24, 2020
Stock Market Opening Bell: On account of strong global sentiments, the Indian indices opened more than half per cent higher on Monday Opening Bell.
Stocks in Focus on August 24: PNB, ICICI Lombard to Future Group Stocks; here are expected newsmakers of the day
Mon, Aug 24, 2020
Stocks in Focus on August 24: PNB, ICICI Lombard, Union Bank of India, Indiabulls Housing Finance, etc are expected newsmakers throughout the intraday trade session.
Union Bank of India reduces MCLR! Check full details of new interest rates
Mon, Aug 10, 2020
Revised MCLR will be effective from 11th Aug 2020.
Union Bank Of India reduces MCLR by 20 BPS across all tenors: Here are the new rates
Fri, Jul 10, 2020
Two days after India’s largest lender, State Bank of India announced cut in MCLR, Union Bank of India has also announced a similar move. The bank on Friday announced a reduction in Marginal Cost of Funds. The bank said that it has decided to reduce the MCLR by 20 basis points across all tenors.
Union Bank of India reduces MCLR by 10 bps across all tenors - Check new interest rates
Wed, Jun 10, 2020
Union Bank of India on Wednesday announced a reduction in its Marginal Cost of Funds- based Lending Rate (MCLR) by 10 points, across all tenors.
Bank account holder? Interest rates of these lenders to change; Know impact on your pocket
Mon, Jun 01, 2020
Many banks have made changes in their interest rates over the last few days. If you are a Union Bank of India or Bank of India customer, then you should know the new interest rates that have come into effect from 1 June
Good news for borrowers from Union Bank of India, loans become cheaper
Sat, May 30, 2020
In a bid to provide relief to the borrowers post-lockdown, the Union Bank of India has reduced its External Benchmark Lending Rate (EBLR) by 0.40 per cent to 6.8 per cent.
Union Bank of India customer? Your home, auto loans are set to get cheaper
Tue, Mar 31, 2020
Union Bank of India has reduced its MCLR by 25 BPS across all tenors. Accordingly, the one year MCLR stands at 7.75%, down from 8.00%. The new rates will come into effect from April 1, 2020.
Good news for borrowers! Union Bank of India reduces MCLR by 10 bps
Tue, Mar 10, 2020
In what comes as a good news for borrowers, the Union Bank Of India reduces has reduced MCLR by 10 bps across all tenors' for your perusal.
SBI, Union Bank of India, Bank of Baroda, others allegedly duped of Rs 568 cr by Mumbai jeweller
Fri, Dec 13, 2019
Following a complaint lodged by a bank, the CBI has booked the three directors: Paresh Chhabildas Shah, Sahil Paresh Shah and Viraj Chetan Shah under various sections of the IPC and PCA.
Modi government announces mega merger of public sector banks
Fri, Aug 30, 2019
Finance Minister Nirmala Sitharaman announced a mega-merger plan for public sector banks, with Union Bank of India, Andhra Bank and Corporation Bank getting merged into a single entity.
On lines of SBI, these PSUs to offer repo rate linked home, auto consumer loans soon
Tue, Aug 13, 2019
To address this complaint of customers, many government banks have now decided to offer repo rate linked products, in which the rate of interest will be on lines of RBI's rate cut.
Get SBI loan in just 59 minutes! How State Bank of India, other PSBs are looking to empower borrowers
Tue, Jul 23, 2019
Five of the largest banks in India including State Bank of India (SBI), Union Bank of India, Oriental Bank of Commerce, Corporation Bank, Andhra Bank have joined hands to offer ‘PSB Loans in 59 Minutes‘ scheme to empower the MSMEs.
Union Bank to raise Rs 6,000 crore this fiscal through securities
Wed, May 15, 2019
Union Bank of India (UBI) Wednesday said it plans to raise up to Rs 6,000 crore this fiscal through securities to meet its capital requirement.
Union Bank expects Rs 3,000 crore recoveries from three NCLT accounts: Rajkiran Rai, MD & CEO
Wed, May 15, 2019
During an interview with Zee Business, Rajkiran Rai G, Managing Director & CEO, Union Bank of India, speaks about additional provision following central bank’s inspection report, recovery situation and outlook on loan growth among others.
The Big Bank Theory! PNB + UBI + BOI merger next after BoB, Vijaya, Dena Bank?
Tue, Apr 30, 2019
Merging small banks is one of the ways in which the government is trying to tackle the NPA crisis.