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Union Bank of India Ltd (UNBK.NS)

UNBK.NS on National Stock Exchange of India

138.90INR
20 Sep 2017
Change (% chg)

Rs1.95 (+1.42%)
Prev Close
Rs136.95
Open
Rs136.90
Day's High
Rs139.65
Day's Low
Rs135.80
Volume
3,084,823
Avg. Vol
3,518,497
52-wk High
Rs205.10
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Rs116.00

Latest Key Developments (Source: Significant Developments)

Union Bank of India gets ‍in-principle nod for foreign investment in Union Asset Management Co​
Thursday, 10 Aug 2017 09:13am EDT 

Aug 10 (Reuters) - Union Bank of India Ltd :Got ‍in-principle approval for investment by foreign investors in Union Asset Management Co Pvt Ltd​.  Full Article

Union Bank of India says has exposure to 11 insolvency bankruptcy accounts
Thursday, 10 Aug 2017 08:00am EDT 

Aug 10 (Reuters) - Union Bank of India Ltd :Union Bank of India has exposure to 11 insolvency bankruptcy accounts - presentation.Union Bank of India exposure to 11 insolvency bankruptcy accounts is 74.2 billion rupees - presentation.Union Bank of India has provided 23.95 billion rupees for 11 accounts as of March, needs 24.6 billion rupees more provisioning in 2017/18 - presentation.  Full Article

Union Bank of India sees credit growth of 9 pct for FY
Thursday, 10 Aug 2017 07:47am EDT 

Aug 10 (Reuters) - Union Bank Of India chief executive Rajkiran Rai G says::Says had very preliminary discussion in bank consolidation, "nothing concrete as of now".Sees credit growth of 9 percent for full year.  Full Article

Union Bank of India June-qtr domestic NIM at 2.20 pct
Thursday, 10 Aug 2017 07:34am EDT 

Aug 10 (Reuters) - Union Bank Of India Ltd :Says June-quarter domestic NIM at 2.20 percent; gobal NIM at 2.06 pct‍​.  Full Article

Union Bank of India June-qtr profit falls about 30 pct
Thursday, 10 Aug 2017 07:00am EDT 

Aug 10 (Reuters) - Union Bank of India Ltd :June quarter net profit 1.17 billion rupees versus net profit of 1.66 billion rupees year ago.Consensus forecast for June quarter net profit was 1.95 billion rupees.June quarter interest earned 81.53 billion rupees versus 78.77 billion rupees year ago.June quarter provisions 17.04 billion rupees versus 13.53 billion rupees year ago.June quarter gross NPA 12.63 percent versus 11.17 percent previous quarter.June quarter net NPA 7.47 percent versus 6.57 percent previous quarter.  Full Article

Union Bank of India says taken preventive measures in KYC non-compliance issue
Tuesday, 1 Aug 2017 01:02am EDT 

Aug 1 (Reuters) - Union Bank of India Ltd :Union Bank of India clarifies on news item RBI imposes INR 10 million penalty on Union Bank of India for KYC non-compliance.Says bank has taken necessary preventive measures and has implemented a comprehensive corrective action plan.  Full Article

India cenbank imposes monetary penalty on Union Bank of India ‍​
Monday, 31 Jul 2017 05:32am EDT 

July 31 (Reuters) - Reserve Bank of India::Reserve Bank of India imposes monetary penalty on Union Bank of India ‍​.Imposed a monetary penalty of INR 10 million on Union Bank of India for non-compliance with the directions issued by RBI on know your customer norms.  Full Article

Union Bank of India says Kewal Handa appointed non-executive chairman
Thursday, 6 Jul 2017 07:22am EDT 

July 6 (Reuters) - Union Bank of India Ltd :Kewal Handa appointed non-executive chairman in Union Bank of India.  Full Article

BRIEF-Union Bank of India seeks members' nod for raising equity capital worth up to 49.5 bln rupees (May 29)
Tuesday, 30 May 2017 12:24am EDT 

Corrects amount in headline and bullet point to 49.5 bln rupees from 30 bln rupees:Seeks members' nod for raising equity capital worth up to 49.5 billion rupees.  Full Article

Union Bank of India March-qtr profit up about 13 pct
Monday, 8 May 2017 09:24am EDT 

May 8 (Reuters) - Union Bank Of India Ltd :March quarter net profit 1.08 billion rupees versus net profit of 961.2 million rupees year ago.Consensus forecast for March quarter net profit was 1.89 billion rupees.March quarter interest earned 83.25 billion rupees versus 78.88 billion rupees year ago.March quarter provisions 24.44 billion rupees versus 15.65 billion rupees year ago.March quarter gross NPA 11.17 percent versus 11.70 percent previous quarter.March quarter net NPA 6.57 percent versus 6.95 percent previous quarter.  Full Article

BRIEF-Union Bank of India gets ‍in-principle nod for foreign investment in Union Asset Management Co​

* Got ‍in-principle approval for investment by foreign investors in Union Asset Management Co Pvt Ltd​ Source text for Eikon: Further company coverage: