Union Bank of India

Delhi HC grants bail to Dheeraj Wadhawan in loan scam case

The Wadhawan brothers -- Kapil and Dheeraj-- were arrested in this case on July 19 last year.

09 September 2024, 14:16 IST

Delhi HC grants bail to Dheeraj Wadhawan in loan scam case

09 September 2024, 14:16 IST

Union Bank of India becomes first major Indian Bank to sign PCAF

This step aligns with the growing global emphasis on climate risk management and the recent draft guidelines issued by the RBIon climate risk disclosures.

09 September 2024, 13:49 IST

Union Bank of India becomes first major Indian Bank to sign PCAF

09 September 2024, 13:49 IST

Union Bank freezes accounts of state-run telecom firm MTNL over non-payment of dues

Union Bank of India informed the company on August 21 about freezing of all its accounts over non-payment of loans, debt-ridden MTNL said.

28 August 2024, 16:28 IST

Union Bank freezes accounts of state-run telecom firm MTNL over non-payment of dues

28 August 2024, 16:28 IST

RBI penalises CSB Bank, Union Bank of India, others

A penalty of Rs 1.86 crore has been imposed on CSB Bank for non-compliance with certain directions issued by the RBI on 'Guidelines on Managing Risks and Code of Conduct in Outsourcing of Financial Services by banks' and 'Master Circular on Branch Authorisation'.

12 August 2024, 14:21 IST

RBI penalises CSB Bank, Union Bank of India, others

12 August 2024, 14:21 IST

Union Bank net profit rises 13.7% to Rs 3,679 crore; flags challenges on margins

The bank's core net interest income grew 6.5 per cent to Rs 9,412 crore on the back of an 11.5 per cent growth in advances.

20 July 2024, 09:01 IST

Union Bank net profit rises 13.7% to Rs 3,679 crore; flags challenges on margins

20 July 2024, 09:01 IST

Union Bank board approves plan to raise Rs 10K cr

This would be subject to the approval of the government, other regulatory authorities and shareholders' approval, according to the bank.

11 June 2024, 14:48 IST

Union Bank board approves plan to raise Rs 10K cr

11 June 2024, 14:48 IST

CBI takes up probe into multi-crore money transfer case involving state-run corporation in Karnataka

Mumbai-headquartered Union Bank of India last week filed a formal complaint with the CBI in connection with embezzlement of public money of the state-run Corporation involving its MG Road branch. It had also suspended three officials.

05 June 2024, 11:00 IST

CBI takes up probe into multi-crore money transfer case involving state-run corporation in Karnataka

05 June 2024, 11:00 IST

Embezzlement: Union Bank files CBI plaint in Karnataka corporation scam

In a release, the Bank stated that it has placed under suspension three officials.

30 May 2024, 16:29 IST

Embezzlement: Union Bank files CBI plaint in Karnataka corporation scam

30 May 2024, 16:29 IST

Six officials of Union Bank of India booked in illegal money transfer case

In the complaint filed on May 28 the General Manager of the Corporation alleged 'severe fraudulent activities' involving the top management of Union Bank of India, MG Road branch and other third parties, which have caused 'substantial financial and reputational damage' to the organisation.

30 May 2024, 08:06 IST

Six officials of Union Bank of India booked in illegal money transfer case

30 May 2024, 08:06 IST

ST devpt corporation files complaint against Union Bank bank officials over scam

The complaint comes days after Chandrashekaran P, superintendent at the corporation, died by suicide, leaving behind a death note. The incident exposed the embezzlement of government funds at the state-run corporation.

29 May 2024, 21:37 IST

ST devpt corporation files complaint against Union Bank bank officials over scam

29 May 2024, 21:37 IST