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NSE Announcements on Union Bank
Posted by :
MMB MessengerUnion Bank Of India has informed the Exchange that: "Shri K. S. Sreenivasan, was appointed as part time non official Director of Union Bank of India, by the Central Government in exercise of the powers conferred by clause (g) of Sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Underakings) Act, 1970, read with sub-clause (b) of clause 9(2) of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970, and after consultation with the Reserve Bank of India, under Chartered Accountant category for a period of three years with effect from the date of notification i.e. 11th October, 2006 and/or until further orders, whichever is earlier. since the period of three years from the date of notification has expired, he ceases to be Director of the Bank"....
BSE Announcements on Union Bank
Posted by : MMB MessengerUnion Bank of India has informed BSE that Shri. K. S. Sreenivasan, was appointed as part time non official Director of Union Bank of India, by the Central Government in exercise of the powers conferred by clause (g) of Sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, read with sub-clause (b) of clause 9(2) of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970, and after consultation with the Reserve Bank of India, under Chartered Accountant category for a period of three years with effect from the date of notification i.e. October 11, 2006 and/or until further orders, whichever is earlier. Since the period of three years from the date of notification has expired, he ceases to be Director of the Bank. ...
NSE Announcements on Union Bank
Posted by : MMB MessengerUnion Bank Of India has informed the Exchange that "The Central Government, after consultation with Reserve Bank of India has amended the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980 and the same has been informed by Department of Financial Services, Ministry of Finance vide their letter no.F.No.13/1/2006-BO-I dated September 25, 2009. In view of the said amendments and pursuant to Clause 30 of the Listing Agreement, we wish to inform you that Shri. Debasis Ghosh, appointed as Officer Employee Director w.e.f. November 22, 2005 has ceased to be Director of the Bank"....
BSE Announcements on Union Bank
Posted by : MMB Messenger
Union Bank of India has informed BSE that the Central Government, after consultation with Reserve Bank of India has amended the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980 and the same has been informed by Department of Financial
Services, Ministry of Finance vide their letter dated September 25, 2009.
In view of the said amendments, the Bank has informed that, Shri. Debasis Ghosh, appointed as Officer Employee Director w.e.f. November 22, 2005, has ceased to be Director of the Bank....
What can be the best price for this stock?
Posted by :
giants
dear multiBags
thnk you for the detaild reply
but Psu bnks have always been slow in movements
my target for the very long term on ubi is 350 n above
and for OBc which has broken out from the 200 levels for the umpteen time, even today it has crossd 200
target for OBC is 400 n beyond
Allahbad Bank also looks broken out and now it is on my screen as wel
what do you hav to say on Allahbd Bnk?
Jayant...
What can be the best price for this stock?
Posted by : My Multibaggers
Yes PSU Banks & OMCs going to outperform in this month. Last week Govt. formed comity to advice on road to deregulate Oil prices in India within 4 weeks. That’s why HPCL (Target: 500 & after deregulation 1000), BPCL (Target: 720 & after deregulation 1260), IOC (Target: 810 & after deregulation 1500) buzzing & making new 52 week highs daily. IOC is going to announce bonus of 1:1 in meeting as on 13th Sept 09 (Sunday).
Looks like UBI will able to touch Rs.250/- mark in current rally of 5000 on Nifty.
Disclosure: I am holding HPCL
...
What can be the best price for this stock?
Posted by : My Multibaggers
Yes PSU Banks & OMCs going to outperform in this month. Last week Govt. formed comity to advice on road to deregulate Oil prices in India within 4 weeks. That’s why HPCL (Target: 500 & after deregulation 1000), BPCL (Target: 720 & after deregulation 1260), IOC (Target: 810 & after deregulation 1500) buzzing & making new 52 week highs daily. IOC is going to announce bonus of 1:1 in meeting as on 13th Sept 09 (Sunday).
Looks like UBI will able to touch Rs.250/- mark in current rally of 5000 on Nifty.
Disclosure: I am holding HPCL...
What can be the best price for this stock?
Posted by : giants
hi multib
PSu bansk are as per sources going to outperform now on
what do you think?
Sbi would lead but ubi is a strong contender of strong results in 2nd quarter more also in the 4th Q
Jayant...
NSE Announcements on Union Bank
Posted by : MMB MessengerUnion Bank Of India has informed the Exchange that :"The Central Government, in exercise of the powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970/1980, read with sub-clause (1) of clause 3 and sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, and after consultation with the Reserve Bank of India, has appointed Shri T.Y. Prabhu, Executive Director of Union Bank of India, as Chairman & Managing Director of Oriental Bank of Commerce w.e.f. 27.08.2009"....
What can be the best price for this stock?
Posted by : My Multibaggers
UBI is always on my radar. In every trade of UBI I earned only. That’s why it`s my ever green stock.
Rs.208/- to Rs.215/- is the range since last many days. Markets showing signs of Fatigue. This kind of situation is seen in most of the stocks (except traders` favorite stocks)....
BSE Announcements on Union Bank
Posted by : MMB MessengerUnion Bank of India has informed BSE that the Central Government, in exercise of the powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3 and sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, and after consultation with the Reserve Bank of India, has appointed Shri. T Y Prabhu, Executive Director of Union Bank of India, as Chairman & Managing Director of Oriental Bank of Commerce w.e.f. August 27, 2009....
What can be the best price for this stock?
Posted by : chief_kamanigiants-Union Bank is consoldting at curent level!!!Some clever Boarders should regularly give an update on Union Bank ...
What can be the best price for this stock?
Posted by : giants
hello multib
you are not updating on ubi?
hav you sold your shares?
ubi looks to me is consoldting at curent level
rgds...
UNION BANK
Posted by :
shareking.co.in
UNION BANK
Last close 214.90
Traders looking for exposure in this space can consider this stock which is going very cheap at current levels. Buy with a two/three-weeks perspective. Technically worst seems to be over. Buy and stay invested keeping stop loss of Rs.210 for an upper target of Rs.223, Rs.228, Cross over will take this to Rs.240..!!!
Regards,
Shareking Team
visit shareking.co.cc
10% PER MONTH is just a click away...guaranteed...
Why silent?
Posted by :
sugar_freak
Dear Guest,
I am stuck very badly in FNO @ 224. What do you think it can fall to before going up??...
