#1
June 7th, 2016, 11:00 AM
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Govt Stake in Union Bank of India
Hi I am interested in knowing the brief about the Union Bank of ndia as well as the stake of government in the Union Bank of India?
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#2
June 7th, 2016, 11:57 AM
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Re: Govt Stake in Union Bank of India
Union Bank of India (UBI) is one of the biggest government-possessed banks of India (the legislature claims 63.44% of its offer capital). It is recorded on the Forbes 2000, and has resources of USD 13.45 billion. All the bank's offices have been coordinates with its 6909 ATMs as on 30 September 2015. Its web Telebanking office is accessible to all its Core Banking Customers - individual and also corporate. The bank had 4196 branches in India as on 31 March 2016 and to add to it 4 abroad branches. Union Bank of India respects every one of its shareholders, and offers them complete access about its financials, benefits, resource quality and new activities. The Bank Communicates with the partners through an assortment of channels, for example, email, sites, examiners' meet, shareholders gatherings and participation at Investor Conference. The paid up offer capital of the Bank is 596794209 value shares of Rs. 10/ - each. The Government of India holds 57.89% value offer capital of the Bank. |
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