Union Bank of India was established on 11th November 1919 with its headquarters in Mumbai.

At the time of India's Independence in 1947, it only had four branches - three in Mumbai and one in Saurashtra, all concentrated in key trade centres.

After Independence, it accelerated its growth and by the time the government nationalized it in 1969, it had grown to 240 branches in 28 states.

After nationalization, it merged in Belgaum Bank, a private sector bank established in 1930 that had it merged in a bank in 1964, the Shri Jadeya Shankarling Bank (Bijapur; incorporated on 10 May 1948).

Then in 1985 it merged in Miraj State Bank, which had been established in 1929, and which had 26 branches.

In 1999 the Reserve Bank of India requested that it acquire Sikkim Bank in a rescue which was striking to it.

It began its international expansion in 2007 with the opening of representative offices in Abu Dhabi, United Arab Emirates, and Shanghai, Peoples Republic of China.

In 2008, it established a branch in Hong Kong, its first branch outside India. In 2009, it opened a representative office in Sydney, Australia.

At present, the offshore banking operations of it are led by its branches in Hong Kong and newly opened branch in Dubai at Dubai International Financial Centre.


Board of Directors

Name and Designation of the Director
Shri Arun Tiwari
Chairman & Managing Director

Shri Vinod Kathuria
Executive Director

Shri Mihir Kumar
Govt Nominee Director

Shri Anil Kumar Misra
RBI Nominee Director

Shri Jag Mohan Sharma
Chartered Accountant Director

Dr. K. Ramesha
Part time Non-Official Director

Dr. R. H. Dholakia
Shareholder Director

Shri G. K. Lath
Shareholder Director

Dr. Uttam Kumar Sarkar
Shareholder Director

Executive Directors: CMD & EDS

Shri Arun Tiwari
Chairman and Managing Director

Shri Vinod Kathuria
Executive Director

Non Executive Directors

Shri Mihir Kumar
Government Nominee Director

Shri Anil Kumar Misra
RBI Nominee Director

Shri Jag Mohan Sharma
Chartered Accountant Director

Dr. K. Ramesha
Part Time Non-Official Director

Dr. Ravindrarai Harshadrai Dholakia
Shareholder Director

Shri Gopal Krishan Lath
Shareholder Director

Dr. Uttam Kumar Sarkar
Shareholder Director