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Union Bank of India (India)

Main Activities: Commercial Banking
Full name: Union Bank of India Profile Updated: October 25, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Union Bank of India provides various banking and financial products and services primarily in India. The company's personal banking products comprise various deposit products, such as cumulative deposit schemes, deposit reinvestment certificates, monthly income schemes, flexi-deposits, capital gains exemption deposit schemes, senior citizens schemes, union floats, union insured recurring deposit schemes, multi city check books, multi gains savings accounts, no frills saving accounts, and union super salary and classic current accounts.The company also offers various retail loan products, including term, cash, health, home, education, and mortgage loans, as well as vehicle finance and loans. In addition, the company provides credit and debit cards, life and non life-insurance products, mutual funds, and Demat accounts. Union Bank of India was established in the year 1919 and is based in Mumbai.

Headquarters
Union Bank Bhavan, 239, Vidhan Bhavan Marg
Mumbai; Maharashtra; Postal Code: 400021

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Website: http://www.unionbankofindia.co.in

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1919
Key Executives
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Non Executive Chairman
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Chief Executive Director and Managing Director
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Director
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Executive Director
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Executive Director
Ownership Details
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74.76%
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8.26%
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6.89%
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6.46%
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2.97%
Subsidiaries
Union Asset Management Company Pvt. Ltd.
100%
Union Bank of India UK Ltd.
100%
Union Trustee Company Private Limited
100%
Company Performance
Financial values in the chart are available after Union Bank of India report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net interest income
11.72%
Net fee and commission income
5.52%
Operating profit (EBIT)
62.61%
Net Profit (Loss) for the Period
62.61%
Total assets
8.82%
Total equity
23.85%
Total Assets Trend
0.9%
Net Interest Income Trend
-6.39%
Cost to Income Ratio
0.46%
Loans to Deposits Ratio
3.16%
Loans to Asset Ratio
3.03%

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