Union Bank Of India

UNION BANK OF INDIA

Union Bank of India was established on 11^th November 1919 with its headquarters in the city of Mumbai. Union Bank of India is one of the largest government owned banks of India, the government owns over 90% of its share capital. It is listed on the Forbes 2000. The bank now operates 4200+ branches across the country. Four of these are overseas in Hong Kong, Dubai, Antwerp and Sydney. UBI also has representative offices at Shanghai, Beijing and Abu Dhabi. UBI operates in the United Kingdom through its wholly owned subsidiary, Union Bank of India (UK).

The Bank’s core values of prudent management without ignoring opportunities is reflected in the fact that the Bank has shown uninterrupted profit during all 96 years of its operations.

Union Bank has been playing a very proactive role in the economic growth of India and it extends credit for the requirements of different sectors of economy. Industries, exports ,trading, agriculture, infrastructure and the individual segments are sectors in which the bank has deployed credit to spur economic growth and to earn from a well diversified portfolio of assets.

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