Who is the owner of Union Bank of India | wiki

What Is Union Bank of India
Union Bank of India, Indian nationalized financial institution. Know more about the owner of Union Bank of India and more organization information. Union Bank of India is one of the major public sector institutions and a major government-owned commercial bank of India

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  • About the owner of Union Bank of India

Owner of Union Bank of India Limited
UBI Bank, incorporated in the year 1919. They started operations from their headquarters in the city of Bombay now known as Mumbai.

UBI Bank, launched their service by their Head office after inaugurated by Mahatma Gandhi. Owner of Union Bank of India is Government of India.

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  • About The Union Bank of India Limited Wiki

Some Information About The Company / Company Wiki
Company Name  Union Bank of India
Official Website  www.unionbankofindia.co.in
Founder / Owner  Government of India
Founded  11th November 1919
CEO  Shri Rajkiran Rai G
Status
Active
Head Office Maharashtra, India
Address
Union Bank Bhavan, 239,

Vidhan Bhavan Marg, Nariman Point,

Mumbai – 400 021

 Customer Care

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Owner of Union Bank of India -Wiki - Logo - profile

Owner of Union Bank of India -Wiki – Logo – profile

  • Details of the owner of Union Bank of India (Wiki)

Full Information about the owner of Union Bank of India

UBI Bank, owned by the Indian Government. Since the date, the bank got nationalized. The government owns 63.44% of its share capital)

Rajkiran Rai G., current Managing Director & CEO of Union Bank of India. Prior to UBI, posted as the Executive Director of Oriental Bank of Commerce. Rai holds more than 3 decades of strong banking experience including heading the Industrial Finance Branch, Regions, and Zonal Offices. He began his pursuit in 1986 as an Agricultural Finance Officer in the Central Bank of India. Moreover,  possesses rich experience of heading different branches at dissimilar parts of the country for more than 17 years. After the posting as General Manager, the responsibility of heading the Human Resource Development Department got enriched upon Rai.

  • Kewal Handa – Chairman & Part-Time Non-Official Director
  • Rajkiran Rai G. – Managing Director & CEO
  • Vinod Kathuria – Executive Director
  • Raj Kamal Verma – Executive Director
  • Atul Kumar Goel – Executive Director

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Full Information about the Union Bank of India

In UBI Bank, all the resources are fabricated through Current, Savings, and Term Deposits. Also through refinancing and borrowings from abroad. Furthermore, the Bank has a large clientele base of over  5.7 crores.

Moreover, the Bank also introduced Core Banking Solution amidst the affinity between branches. In fact, 100% of the business of the Bank is under Core Banking Solution. Eventually, making it a leader among its matches in the insertion of technology. Several innovative products were developed using the technology platform. Owing to the purpose to offer a list of choices to customers. Thus, adding speed and convenience to transactions.

Owner of Union Bank of India -Wiki - profile

Owner of Union Bank of India -Wiki – profile

On the date of September 2016, UBI possesses 4214 branches. Including, Four overseas in Hong Kong, Antwerp, Dubai International Financial Centre,  and Sydney (Australia). In addition, UBI also owns representative offices in Shanghai, Beijing, and Abu Dhabi. Finally, UBI operates in the United Kingdom through its entirely owned subsidiary, Union Bank of India (UK).

Markedly, UBI received IBA Best Technology Bank of the year 2015-16.

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  • Union Bank of India Limited customer care

Full List of contact customer care of Union Bank of India
  • www.unionbankofindia.co.in
  • www.unionbankonline.co.in
  • 080-25300175, Others 022-25751500,
  • +91 -22 -25719600
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