IRCTC Q3 FY26 Results: PAT at Rs 394 crore

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After 4643% 5-year return, does BSE still offer value for new investors?

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<h2>Oriental Bank of Commerce (OBC) and United Bank of India were merged with Punjab National Bank (PNB) on April 1, 2020 and the existing cheque books of OBC and United Bank of India will get discontinued from October, 2021.</h2>

PNB Customers ALERT! Cheque book of THESE banks will become INVALID from October 1, here is what you need to do

&nbsp;Here is how the amalgamation is a big win-win for Oriental Bank of Commerce and United Bank of India customers:-

PNB 2.0: Big amalgamation! How Oriental Bank of Commerce and United Bank of India customers will benefit

The United Bank of India and SREI are the first in the industry to enter into an arrangement for co-lending under the Co-origination Model between Banks and NBFCs.

United Bank of India partners Srei Equipment Finance to offer loans under a co-lending program

About four lakh bank employees will go on tow-day strike across the country on September 26 and 27 to protest against the government's decision of public sector banks' merger.&nbsp;

Bank strike in India: Alert! 4 lakh employees to go on two-day nationwide strike from this date

United Bank of India has reduced its marginal cost of funds-based lending rate (MCLR) by 5 basis points across tenures, effective Thursday or April 18, 2019.

United Bank of India slashes MCLR by 0.05% from April 18

The RuPay debit card comes with a host of features and benefits.&nbsp;

Bank of Baroda vs IDBI vs United Bank RuPay Debit Card cash withdrawal limit, offers, charges, other benefits explained

Under the pact, UBI would leverage its low-cost loans with Srei to enable&nbsp; purchase &nbsp;of equipment and vehicles in a seamless manner, a statement by the state-run lender said.

UBI, Srei Equipment Finance enter pact for MSME sector finance

Such a blockbuster performance in United Bank shares comes courtesy government announcing a&nbsp;massive&nbsp;infusion of Rs 2159 crore.&nbsp;

This bank just jumped over 11% on Centre's action; do you have money invested in it? You just gained a hefty sum 

Bank strike: In a notification to exchanges, United Bank said a strike has been "called by All India Bank Employees' Association (AlBEA) &amp; Bank Employees Federation of India (BEFI) on 8th January, 2019 and 9th January, 2019 on various issues connected to the banking industry."

Bank strike in January, 2019: Unions call for 2-day protest; your work may be affected

Reserve Bank of India (RBI) and the central government are expected to reach a consensus on easing credit availability to micro, small and medium enterprises (MSMEs).

RBI vs Centre row: Big relief likely for this crisis hit sector

In a first for public sector banks, in December 2017, Boards of United Bank and Allahabad Bank had approved allotment of shares up to 50 million to their employees – from chief executives to peons. The decision was opposed by a section of officers' and workers' unions, as they argued it will lead to dilution of government stake in the two PSBs.

United Bank of India share sale virtually gets snubbed by employees

Demonetisation: United Bank of India sees credit growth at 7-8% by end of FY17 

Not only banks but NBFCs have been in a rate cut war. Both banks and NBFC have&nbsp;&nbsp;reduced MCLR in the range of&nbsp;40 basis points - 90 basis points within just&nbsp;4 days of January 2017.

United Bank of India trims MCLR rate by 90 basis points; shares gain

CBI registers corruption case against ex-CMD of UBI Archana Bhargava  

For the short-medium term, the capital ratios are likely to remain under pressure and banks will be under stress to raise additional funds.

Banks' earnings to be weak for atleast 12-18 months

united-bank-of-india

Oriental Bank of Commerce (OBC) and United Bank of India were merged with Punjab National Bank (PNB) on April 1, 2020 and the existing cheque books of OBC and United Bank of India will get discontinued from October, 2021.

 Here is how the amalgamation is a big win-win for Oriental Bank of Commerce and United Bank of India customers:-

The United Bank of India and SREI are the first in the industry to enter into an arrangement for co-lending under the Co-origination Model between Banks and NBFCs.

About four lakh bank employees will go on tow-day strike across the country on September 26 and 27 to protest against the government's decision of public sector banks' merger. 

United Bank of India has reduced its marginal cost of funds-based lending rate (MCLR) by 5 basis points across tenures, effective Thursday or April 18, 2019.

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United Bank Of India

PNB Customers ALERT! Cheque book of THESE banks will become INVALID from October 1, here is what you need to do

PNB 2.0: Big amalgamation! How Oriental Bank of Commerce and United Bank of India customers will benefit

United Bank of India partners Srei Equipment Finance to offer loans under a co-lending program

Bank strike in India: Alert! 4 lakh employees to go on two-day nationwide strike from this date

United Bank of India slashes MCLR by 0.05% from April 18

Bank of Baroda vs IDBI vs United Bank RuPay Debit Card cash withdrawal limit, offers, charges, other benefits explained

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CBI registers corruption case against ex-CMD of UBI Archana Bhargava

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Top News

IRCTC Q3 FY26 Results: PAT at Rs 394 crore

Nifty IT falls 5.5% as AI concerns hit stocks; Top 10 IT firms lose Rs 1.69 lakh crore in mcap

After 4643% 5-year return, does BSE still offer value for new investors?

Retail inflation rises to 2.75% in January; MoSPI rolls out new CPI series with 2024 base year

India set to get Bangladesh-style zero-duty access in US for cotton-based textile exports: Piyush Goyal

Manufacturing at the core of India’s $35 trillion economy goal by 2047: Govt