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A 2018 stamp dedicated to the 100th anniversary of the Union Bank of India. Union Bank of India was established on 11 November 1919 in Bombay (now Mumbai) by Seth Sitaram Poddar. [1] The bank's corporate office was inaugurated by Mahatma Gandhi. At the time of India's independence in 1947, the bank had four branches – three in Mumbai and one ...
Corporation Bank [2] was a public-sector banking company headquartered in Mangalore, India. The bank had a pan-Indian presence. The bank had a pan-Indian presence. Presently, the bank has a network of 2,432 fully automated CBS branches, 3,040 ATMs , and 4,724 branchless banking units across the country. [ 3 ]
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India’s commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, six PBs, 43 RRBs, and two LABs.
Star Union Dai-ichi Life Insurance is an insurance company with headquarters in Mumbai, India.It was founded in 2007 and began operations in 2009 as a joint venture between Bank of India, Union Bank of India, and Dai-ichi Life, a Japanese life insurance firm. [1]
On 20 November 2020, Union Bank of India's MD and CEO Rajkiran Rai was elected as the new Chairman of IBA. Dinesh Khara, Chairman of State Bank of India; Madhav Nair, Country Head and CEO of Mashreq Bank; and S. S. Mallikarjuna Rao, MD and CEO of Punjab National Bank, were elected as deputy chairmen.
Punjab National Bank: New Delhi 14.8 1.1 191.7 16.5 Banking 22 575 Union Bank of India: Mumbai 14.3 1.7 168.1 12.7 Banking 23 592 Bajaj Finserv: Pune 13.0 1.0 64.5 30.3 Financials 24 593 Mahindra & Mahindra: Mumbai 16.8 1.4 28.3 37.5 Automotive 25 645 JSW Steel Ltd: Mumbai 21.1 1.1 27.4 26.6 Iron and steel 26 684 Hindalco Industries: Mumbai 26. ...
Union Bank was an American national bank with 398 branches in California, Washington, and Oregon. It was owned by MUFG Americas Holdings Corporation and was acquired by U.S. Bancorp in December 2022.
In business volume, the Bank occupies a premier position among the nationalised banks. The bank has over 5,084 branches in India spread over all states and union territories including specialized branches. These branches are controlled through 54 zonal offices. There are 60 branches, 5 subsidiaries, and 1 joint venture abroad.