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News on United Bank of India
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Banks pile pressure on Mallya over airline loans

11.12 am | 03 Sep 2014 |  Source: Reuters

The airline founded by Mallya failed to make a profit during the eight years from launch to the grounding of its fleet in October 2012 and has been un...

Kingfisher to challenge United Bank's decision

4.16 pm | 02 Sep 2014 |  Source: PTI

In a statement, the Vijay Mallya-owned company said, "KFA and its directors will vigorously challenge the decision of UBI"....

Wilful defaulter: Is this end of the road for Vijay Mallya?

2.21 pm | 02 Sep 2014 |  Source: Moneycontrol.com

Under law, willful defaulters cannot have access to any further bank funding and neither can companies where they serve as directors....

Stocks in news: Tata Motors, TVS Motor, Cipla, REC, PFC

8.29 am | 02 Sep 2014 |  Source: Moneycontrol.com

Tata Motors | Hero Motocorp | TVS Motor Company | Escorts | Cipla | Kingfisher Airlines | United Bank of India | Rural Electrification Corporation | D...

KFA case: Decoding implications of 'wilful defaulter' tag 

4.18 pm | 01 Sep 2014 |  Source: CNBC-TV18

United Bank has declared Kingfisher Airlines and its promoter Vijay Mallya as ‘wilful defaulter’. The bank is in the process of sending formal not...

United Bank declares Vijay Mallya as wilful defaulter 

2.20 pm | 01 Sep 2014 |  Source: PTI

The Kolkata-based bank is the first PSU lender to initiate the process of declaring Vijay Mallya and three other directors of the grounded Kingfisher ...

Bank fights Mallya MCF bid: Will KFA claim another UB firm?

9.39 am | 22 Aug 2014 |  Source: Moneycontrol.com

According to a report in the Business Standard that quoted persons privy to the development, United Bank of India has asked the regulator to reconside...

Bhushan Steel remains a 'standard asset': United Bank 

12.12 pm | 19 Aug 2014 |  Source: CNBC-TV18

United Bank is part of the consortium of lenders to Bhushan Steel but is not a part of any additional lending to the company, said Deepak Narang, ED, ...

Union Bank Q1 net profit rises 47.3% to Rs 65.89 cr

7.53 pm | 14 Aug 2014 |  Source: PTI

The aim of the bank now is to stabilise the recovery front after it suffered losses in the third quarter of last fiscal due to bad loans, said UBI Exe...

Highly positive says auditor on Kingfisher siphoning funds

11.05 am | 14 Aug 2014 |  Source: Moneycontrol.com

According to a report in DNA, which quoted the finance ministry, the Rs 336 crore loan sanctioned by Union Bank of India (UBI) was withdrawn and depos...

Stocks in news: ONGC, Tata Steel, Nalco, Voltas, Lanco, MCX

8.33 am | 14 Aug 2014 |  Source: CNBC-TV18

ONGC | Tata Steel | Nalco | Voltas | Unitech | Financial Technologies | MCX India | Lanco Infratech | Hindalco | Cipla | Maruti Suzuki | Shree Renuka ...

Kingfisher Airlines en route to be tagged wilful defaulter

9.21 am | 13 Aug 2014 |  Source: Moneycontrol.com

Once a company is declared wilful defaulter, criminal proceedings can be initiated against promoters and directors of the company. Besides, it would n...

Prefer Bank of Baroda over United Bank of India: Bothra 

1.19 pm | 05 Aug 2014 |  Source: CNBC-TV18

Kunal Bothra, Head of Advisory at LKP is of the view that one may prefer Bank of Baroda over United Bank of India....

IDBI Bank plans to open 600 new branches this year 

1.53 pm | 01 Aug 2014 |  Source: CNBC-TV18

Saddled with over 10 per cent gross non-performing assets, United Bank of India scripted a turnaround in the fourth quarter of 2013-14 by reporting an...

No definite plans for merger of PSU banks: Banking Secy 

10.10 am | 01 Aug 2014 |  Source: CNBC-TV18

Sandhu said the merger between the ailing United Bank of India and IDBI Bank was a suggestion, and that United Bank could be a candidate for merger wi...

Stocks in news: ITC, L&T, Bharti, Tata Steel, Ranbaxy, IDFC

8.26 am | 30 Jul 2014 |  Source: CNBC-TV18

ITC | Bharti Airtel | Larsen and Toubro | Sesa Sterlite | Ranbaxy Labs | Torrent Power | Dr Reddy's Labs | Tata Steel | Petronet LNG | Tata Global | S...

United Bank of India allots 8.45cr equity shares on preferential basis

2.19 pm | 29 Jul 2014 |  Source: Moneycontrol.com

United Bank of India has informed BSE that the Bank has received Rs.299,99,99,991/- from Life Insurance Corporation of India and completed the prefere...

No proposal for merger of United Bank with IDBI Bank

3.37 pm | 28 Jul 2014 |  Source: PTI

Both the banks are public sector entities with government of India having 76.50 percent and 89.47 percent stake in IDBI Bank and United Bank of India ...

United Bank of India clarifies on news item

1.19 pm | 28 Jul 2014 |  Source: Moneycontrol.com

With reference to the news item appearing in a leading web portal titled ...

Here are top 10 stocks to watch on July 28 

8.48 am | 28 Jul 2014 |  Source: CNBC-TV18

Here are top 10 stocks to focus on July 28 - Unitech, NHPC, JP Power, Reliance Power, Ashok Leyland, IDBI BANK, United Bank, Manappuram General Financ...

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