Union Bank of India, now the fifth largest Public Sector lender in India after its amalgamation with Andhra Bank & Corporation Bank on April 1, 2020, has now planned to expand its India’s footprint by unveiling 12 regional offices across India. Post merger, the lender has grown to include a pan-Indian network of 9500+ branches and 13,500+ ATMs.
Speaking at the virtual launch event, MD & CEO of Union Bank of India, Rajkiran Rai G said, “With this, we have achieved one of the most significant milestones in the amalgamation journey. From an organizational perspective, all 3 banks are now almost completely integrated.”
In a bid to capitalize its expanded presence, 33 of 125 regional offices are in entirely new locations such as Amritsar, Anand, Bhagalpur, Anantpur, Rajahmundry, Shimla, Amravati etc.
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“We have put much thought into our new organization structure, we have ensured all that offices, structures, incentives and KRAs are built in such a way that they are geared towards delivering business growth. Post-amalgamation, we are India’s most dynamic PSU bank” added Rajkiran Rai G.
To virtual launch of the new Regional Offices registered the presence of the MD & CEO, Executive Directors, Zonal Heads, Chief General Managers, General Managers and Regional Heads attended the event. The ceremony commenced with a virtual ribbon cutting ceremony followed by an address from Shri Rajkiran Rai G., MD & CEO, Union Bank of India.
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