Union Bank of India

Union Bank of India cuts funds-based lending rate by upto 15 bps across tenors

The bank said that post the reduction, the one year MCLR now stands at 7.25 per cent, down from 7.40 per cent.

published on : 10th August 2020

Union Bank of India reduces MCLR by 20 bps across tenors

Three-month and six-month MCLRs have been cut to 7.10 per cent and 7.25 per cent, respectively.

published on : 10th July 2020

SBI, Union Bank of India to sell NPAs of Rs 2,836 crore this month

SBI said it will sell two NPAs-Rohit Ferro Tech with an outstanding amount of Rs 1,313.67 crore and Impex Ferro Tech with dues of Rs 200.67 crore, on January 17.

published on : 3rd January 2020

Union Bank says has USD 45 million direct exposure to Nirav Modi, Gitanjali firms

Union Bank of India has direct credit exposure of about 1.2 billion rupees to companies controlled by jeweller Nirav Modi, and another 1.75 billion rupees to Gitanjali group of companies.

published on : 9th March 2018