Union Bank of India is one of the largest government-owned banks of India; the government owns over 90% of its share capital. It is listed on the Forbes 2000, and has assets of US$13.45 billion. UBI has around 4,300 branches. Read More
A sessions court has upheld a magistrate court order directing Delhi Police to lodge an FIR against a man, accused of cheating another man over the sale of an industrial plot. ...
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on the Union Bank of India (UBI) for non-compliance with certain provisions of its directions relating to fraud classification and reporting and sale of stressed assets. ...