About Union Bank Of India History

Hello sir, I want to know about the Union Bank Of India. Is there any one can show me here history of Union Bank Of India?

The Union Bank of India is one of the largest government-owned banks of India. The Union bank of India is listed on the Forbes 2000, and has assets of USD 13.45 billion.

The bank have branches are in India total 6909 ATMs as on 30 September 2015. Its online Telebanking facility is available to all its Core Banking Customers - individual as well as corporate.

It has representative offices in Abu Dhabi, United Arab Emirates, Beijing, Peoples Republic of China, London and Shanghai, and branches in Hong Kong, Dubai, Antwerp and Sydney.

The bank has 4500 branches in India as of 31 March 2016.

March 2015 Data:

Shareholder's Funds ₹19,760 crore (US$2.9 billion) (31 March 2015)
Total Deposits ₹316,869 crore (US$47 billion) (31 March 2050)
Total Borrowings ₹35,359 crore (US$5.3 billion) (31 March 2015)
Total Investments ₹94,092 crore (US$14 billion) (31 March 2015)
Total Assets ₹381,615 crore (US$57 billion) (31 March 2015)
Reserves & Surplus ₹250,125 crore (US$37 billion) (31 March 2015)

Profile of Union Bank of India




Key people
Arun Tiwari
(Chairman & MD)

Revenue ₹211.44 billion (US$3.1 billion)

Net income
₹17.87 billion (US$270 million)

Owner
Government of India

Number of employees
36377

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