TBB BUREAU MUMBAI, JUNE 3, 2022 A Manimekhalai on Friday assumed charge as Managing Director & CEO of Union Bank of India. Prior to the new assignment, Manimekhalai was the Executive Director at Canara Bank, wherein she oversaw strategic planning, credit & related matters, inspection, marketing and financial inclusion, State Level Lead Bank responsibilities and the functioning of Regional Rural ...
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Union Bank of India launches digital solution product ‘Trade nxt’
TBB BUREAU MUMBAI, MAY 11, 2022 Union Bank of India today announced the launch of ‘Trade nxt’, an online platform for providing comprehensive cross border trade finance services to Indian Exporters and Importers. It offers seamless entry and processing of letters of credit (LC), bank guarantees, export/import bills, disbursement of export credit, outward & inward remittances, dealer financing and much ...
Read More »Union Bank of India signs MoU with Odisha Mining Corporation
TBB BUREAU BHUBANESWAR, FEBRUARY 11, 2022 Union Bank of India on Friday signed a memorandum of understanding (MoU) with Odisha Mining Corporation Limited (OMC), a State PSU and Gold category company towards payment gateway facility for receiving sales proceeds of OMC. The MoU was signed by RK Jaglan, General Manager, Govt. Business, Union Bank of India and BB Pani, Chief ...
Read More »Capri Global Capital Limited partners with Union Bank of India for co-lending to MSMEs
TBB BUREAU MUMBAI, NOV 24, 2021 Capri Global Capital Limited (CGCL) has entered into a co-lending agreement with the Union Bank of India (UBI) to offer MSMEs loans. Through this collaboration, CGCL and UBI aim to disburse MSME loans across 100+ touch points pan-India. The loan disbursement under this arrangement would commence from December 2021. This agreement is signed ...
Read More »Union Bank of India cuts home loan interest rate to all-time low of 6.40pc
TBB BUREAU MUMBAI, OCT 26, 2021 Union Bank of India today announced reduction in its Home Loan interest rates with minimum rate of interest now starting at 6.40 per cent. The reduced rate will be effective from 27th October, 2021. The new rates will be applicable to customers applying for new loans or those who wish to transfer their existing ...
Read More »Union Bank of India signs MoU with North Delhi Municipal Corporation for pension disbursement
TBB BUREAU NEW DELHI, SEPT 21, 2021 The Union Bank of India entered into an agreement with the North Delhi Municipal Corporation (NDMC) according to which the latter has appointed and authorized Union Bank of India for the purpose of disbursement of pension of their employees at their headquarters i.e. Civic Centre, New Delhi. The Memorandum of Understanding (MoU) ...
Read More »Union Bank of India receives ‘Rajbhasha Kirti Puraskar’
TBB BUREAU NEW DELHI, SEPT 15, 2021 Union Bank of India has received the prestigious ‘Rajbhasha Kirti Puraskar’ for excellent implementation of Hindi during the year 2018-19, 2019-20 and 2020-21 at a glittering function held at Vigyan Bhavan, New Delhi on Tuesday. Union Bank of India Managing Director & CEO Rajkiran Rai G received the award at the hands of ...
Read More »Union Bank of India, NSIC join hands to support MSMEs
TBB BUREAU NEW DELHI, JUNE 17, 2021 The Union Bank of India on Thursday entered into an agreement with the National Small Industries Corporation Ltd (NSIC) to support MSMEs with credit requirements. The memorandum of understanding was signed by P K Das, FGM-Delhi on behalf of the Union Bank of India, and P R Kumar, CGM, NSIC, here today. Under ...
Read More »Union Bank of India bags ‘ET Best Places to Work for Women 2021’ award
TBB BUREAU MUMBAI, MAY 3, 2021 Union Bank of India bagged the ‘ET Best Places to Work for Women 2021 powered by Femina’ Award. The recognition was conferred by ET Edge, an initiative of India’s largest media house – The Times Group. The recognition is received for providing a conducive environment for women employees at the bank and setting a ...
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