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Tags Posts tagged with "United Bank of India"

Tag: United Bank of India

United Bank of India slashes MCLR by 5 basis points

Public sector lender United Bank of India has slashed its MCLR (Marginal Cost of Funds based Lending Rate) by 5 basis points across tenures....

Centre plans to infuse Rs 2159 crore in United Bank of...

Public lender United Bank of India said that centre is planning to infuse Rs 2,159 crore in the bank as a part of its...

Centre names MDs, CEOs of ten PSBs

The government on Wednesday appointed Managing Directors (MDs) and Chief Executive Officers (CEOs) across ten nationalised banks. Mrutyunjay Mahapatra and Padmaja Chundru, both Deputy Managing...

RBI places United Bank of India under corrective action plan

In a bid to ensure corrective measures, the Reserve Bank of India (RBI) has directed United Bank of India (UBI) to raise capital, diversify...

UBI, NIIT to offer course in banking and finance

Government-owned financial services company United Bank of India (UBI) and NIIT Institute of Finance Banking and Insurance Training (IFBI), a subsidiary of IT training...

Australia’s Commonwealth Bank to shut down Indian operations

Australia's largest lender Commonwealth Bank, with $695 billion in assets is the latest banking foreign bank is closing its Indian business following its larger...

United Bank of India gets Rs 608 crores from Govt

United Bank of India (UBI) has received Rs 608 crores from the central government  through preferential allotment of equity shares. The Union Ministry of Finance...

UPI to become available for public use next month

National Payments Corporation of India’s (NPCI) Unified Payments Interface (UPI) which was launched in April is all set to become functional from next month. A...

Banks continue to reel under bad loans; five banks reported loss

Major Indian banks continue to have a nightmarish experience because of escalating bad loans in the quarter ended 31 March. Five of the six banks...

State-run banks to get Rs. 5,050Cr govt support

The state-run banks are likely to get a sum of Rs.5,050Cr from the Government of India to be spent on their recapitalisation, by the...
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