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词条 Union Bank of India
释义

  1. History

  2. See also

  3. References

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{{more citations needed|date=August 2016}}{{Use dmy dates|date=December 2018}}{{Infobox company
|name = Union Bank of India
|logo = Union Bank of India Logo.svg
|logo_size = 225px
|type = Public company
|traded_as ={{BSE|532477}}
{{NSE|UNIONBANK}}
|key_people = Shri Rajkiran Rai G.
{{small|(MD & CEO)}}
Malay Chanda & Manas Ranjan Biswal {{small|(EDs)}}
|industry = Banking, Financial services
| products = Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, wealth management
| revenue = {{increase}} {{INRConvert|32198.80|c}}(2016)[1]
| operating_income= {{decrease}} {{INRConvert|5722|c}} (2016)[1]
| net_income = {{decrease}} {{INRConvert|1351.60|c}} (2016)[1]
| assets = {{increase}}{{INRConvert|404695.90|c}} (2016) [1]
| equity =
| owner = Government of India
| num_employees = 35,514 (2016)[1]
| ratio = 10.56% (2016)[1]
| tag_line =
| foundation = {{start date and age|df=y|1919|11|11}}
| location = Mumbai
| homepage = {{URL|http://www.unionbankofindia.co.in/}}
}}

Union Bank of India (UBI; {{BSE|532477}}) 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, and has assets of US$13.45 billion. UBI has around 4,300 branches. Four of these are overseas in Hong Kong, Dubai, Antwerp, and Sydney. UBI also has representative offices at Shanghai, Beijing and Abu Dhabi. Lastly, UBI operates in the United Kingdom through its wholly owned subsidiary, Union Bank of India (UK).

History

Union Bank of India (Union Bank) was registered on 11 November 1919 as a limited company in Mumbai and was inaugurated by Mahatma Gandhi. At the time of India's independence in 1947, Union Bank of India had four branches – three in Mumbai and one in Saurashtra, in trade centres. By the time the Indian government nationalized Union Bank of India in 1969, it had 240 branches. In 1975, Union Bank of India acquired Belgaum Bank, a private sector bank established in 1930 that had itself merged in a bank in 1964, the Shri Jadeya Shankarling Bank (Bijapur; incorporated on 10 May 1948). Then in 1985 Union Bank of India acquired Miraj State Bank, which had been established in 1929, and which had 26 branches. In 1999 the Reserve Bank of India requested that Union Bank acquire Sikkim Bank in a rescue after extensive irregularities had been discovered at the non-scheduled bank.

Union Bank expanded internationally in 2007 with the opening of offices in Abu Dhabi, United Arab Emirates, and Shanghai in the People's Republic of China. The next year, Union Bank established a branch in Hong Kong, its first branch outside India. In 2009, Union Bank opened a representative office in Sydney, Australia.

See also

{{Portal|Banks}}
  • Banking in India
  • List of banks in India

References

1. ^{{cite web |url=http://www.unionbankofindia.co.in/pdf/UBIAnnualReport2015-16.pdf|title=Annual Report of UCO Bank |publisher=}}
{{Banking in India}}

5 : Public Sector Banks in India|Banks based in Mumbai|Banks established in 1919|Companies nationalised by the Government of India|Indian brands

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