Coimbatore, May 20
United Bank of India has decided to raise up to Rs 1,000 crore through Qualified Institution Placement (QIP) of shares.
The bank said its Board of Directors on May 14 approved raising of...
May 14, 2013
United Bank of India has informed BSE that the Board of Directors of the Company at its meeting held on May 14, 2013, inter alia, has recommended a final dividend @ 21% i.e. Rs. 2.10 per equity sha...
May 9, 2013
United Bank of India has informed BSE that the Ministry of Finance, in exercise of the power conferred by section 9(3)(e) of The Banking Companies (Acquisition & Transfer of Undertakings) Act 1...
New Delhi, April 24
The Centre has appointed Archana Bhargava as Chairman & Managing Director of United Bank of India, a public sector lender.
Prior to this appointment, Bhargava was an Executive Di...
Kolkata, March 21
United Bank of India has entered into a memorandum of understanding (MoU) with Tata Power Solar to provide credit to the non-renewable energy sector.
Under the MoU, Tata Power will levera...
March 12, 2013
United Bank of India has informed BSE regarding the details of Voting results at the Extra Ordinary General Meeting of the Bank held on March 12, 2013, under Clause 35A.
Source : BSE - <...
Kolkata, March 7
Kolkata-headquartered United Bank of India (UBI) on Thursday said that it has entered into a memorandum of understanding (MoU) with Small Industries Development Bank of India (SIDBI) for providing...
Mumbai, Feb 22
Punjab & Sind Bank and United Bank of India today announced reduction of minimum lending rate, or base rate, by 0.25 per cent and 0.20 per cent respectively.
“The Bank has revised its...
Kolkata, Feb 13
United Bank of India has entered into an agreement with Piaggio Vehicles Ltd for financing light commercial vehicles manufactured by the company.
The bank has recently signed a Memorandum...
Kolkata, Feb 5
Higher provisioning for non-performing assets (NPAs) dragged down the net profit of United Bank of India by 81 per cent to Rs 42 crore during the October-December quarter.
Kolkata, May 14
To raise Rs 1,000-cr capital this fiscal to fund growth
May 11, 2013
United Bank of India has submitted to BSE a copy of the general communication to be sent to all shareholders of the Bank intimating the appointment of the new Chairperson & Managing Director of...
Kolkata, Apr 25
United Bank of India plans to expand into international destinations. The bank, which currently has representative offices in Myanmar and Dhaka, plans to set up branches in Mexico and BR...
New Delhi, April 1
In what is being seen as more trouble for the grounded Kingfisher Airlines, one of its creditors — United Bank of India — has filed a winding-up petition against United Breweries Holdings Ltd (UBH...
March 13, 2013
United Bank of India has informed BSE that the Bank has completed the Allotment of 1,37,08,019 Equity Shares of Rs. 10/- each at a price of Rs. 72.95 per share on preferential basis under Chapter V...
Kolkata, March 12
Kolkata-based United Bank of India plans to come out with a rights issue to raise Rs 300 crore, early next fiscal. According to Sanjay Arya, Executive Director, the bank has already rece...
Kolkata, March 1
United Bank of India has increased the rate of interest on domestic term deposits below Rs 5 crore by 25 basis points effective March 1. The revised rates for deposits of...
February 22, 2013
United Bank of India has informed BSE that the Bank has revised its Base Rate i.e. the benchmark rate for pricing its loan products, from existing 10.45% to 10.25% w.e.f. February 25, 2013.
New Delhi, Feb 10
State-owned United Bank of India is likely to get Rs 100-crore fund infusion through preferential issue of shares to the Government by the end of next month.The board of United Bank of Indi...
February 5, 2013
United Bank of India has informed BSE about the Financial Results & a copy of the Limited Review Report for the period ended December 31, 2012.
Source : BSE - »