Union Bank of India (UBI) is one of the largest government-owned banks of India (the government owns 63.44% of its share capital).

Union Bank of India (Union Bank) was registered on 11 November 1919

It was registered as a limited company in Mumbai and was inaugurated by Mahatma Gandhi.

At the time of India's Independence in 1947, Union Bank only had four branches - three in Mumbai and one in Saurashtra

In 1999 the Reserve Bank of India requested that Union Bank acquire Sikkim Bank in a rescuonal


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Board Of directors

Sr.No Name of the Director

1. Shri Arun Tiwari
CHAIRMAN & MANAGING DIRECTOR
2. Shri Rakesh Sethi
Executive Director
3. Shri Vinod Kathuria
Executive Director
4. Shri Mihir Kumar
Govt Nominee
5. Shri Anil Kumar Misra
RBI Nominee
6. Shri Jag Mohan Sharma
Chartered Accountant Director
7. Dr. R. H Dholakia
Share Holder Director
8. Shri G. K. Lath
Shareholder Director
9. Dr. Uttam Kumar Sarkar
Shareholder Director
10. Dr. K. Ramesha
Part time Non-Official Director