5.46 pm | 29 Dec 2011 |  Source: Reuters

State-run Union Bank of India said it has cut base rate by 10 basis points to 10.65%, becoming the first Indian bank to do so this year, signalling in...

3.28 pm | 29 Dec 2011 |  Source: CNBC-TV18

MV Nair, chairman and managing director, Union Bank in an interview to CNBC-TV18 said, it has decided to pass on the 10 basis point rate cut to its cu...

12.49 pm | 13 Dec 2011 |  Source: CNBC-TV18

SS Mundra, executive director of Union Bank expects to see positive flows in total income from treasury in the current quarter. ...

1.26 pm | 01 Dec 2011 |  Source: Moneycontrol.com

According to S S Mundra, executive director of the bank, it has stopped lending to troubled sectors like power, aviation, and commercial real estate i...

12.25 pm | 12 Nov 2011 |  Source: CNBC-TV18

A big theme of the past few days has been the quantum leap in bank loan defaults as revealed in the second quarter numbers of some public sector banks...

6.36 pm | 10 Nov 2011 |  Source: CNBC-TV18

The Indian banking industry is having a tough run lately. After coming out with a mixed set of second quarter numbers, the industry was in for a rude ...

3.20 pm | 25 Oct 2011 |  Source: CNBC-TV18

Many believe that RBI's move to deregulate savings account rates will deliver a ‘body blow’ to the banking industry, but executive director of Union B...

4.27 pm | 27 Sep 2011 |  Source: PTI

Kotak Group, the promoter of ACE Derivatives and Commodity Exchange, has been given 3-month extension to dilute 11% stake in the entity by November 10...

2.05 pm | 22 Sep 2011 |  Source: Moneycontrol.com

Public sector lender Union Bank of India has sought a capital support of Rs 350 crore from the government to shore up its lending capacity. At the sam...

11.58 am | 28 Aug 2011 |  Source: PTI

The government has decided to sanction Rs 2,000 crore to some public sector banks as part of its recapitalisation drive....

2.20 pm | 23 Aug 2011 |  Source: CNBC-TV18

In an interview with CNBC-TV18’s Latha Venkatesh, MV Nair, CMD of Union Bank said, he expects bank’s gross non-performing asset below 2% by March 2012...

1.57 pm | 10 Aug 2011 |  Source: Reuters

ICICI Bank's takeover of a stake in a debt-laden telecom tower firm is an ominous sign of things to come as India's slowing economy and slumping share...

2.26 pm | 06 Aug 2011 |  Source: PTI

Public sector lender Union Bank of India (UBI) today hiked its base rate by 50 basis points or 0.50%, following the recent increase in key rates by RB...

12.59 pm | 04 Aug 2011 |  Source: CNBC-TV18

SC Kallia, executive director of Union Bank said that unless the banks pay attention to the customer service issues and improve their services, they w...

12.25 pm | 27 Jul 2011 |  Source: CNBC-TV18

Union Bank intends to pass on rate hike on deposit and lending side, said CMD MV Nair....