Who is the owner of Union Bank of India | wiki
About the owner of Union Bank of India
UBI Bank, launched their service by their Head office after inaugurated by Mahatma Gandhi. Owner of Union Bank of India is Government of India.
About The Union Bank of India Limited Wiki
|Company Name||Union Bank of India|
|Founder / Owner||Government of India|
|Founded||11th November 1919|
|CEO||Shri Rajkiran Rai G|
|Head Office||Maharashtra, India|
|Address||Union Bank Bhavan, 239,|
Vidhan Bhavan Marg, Nariman Point,
Mumbai – 400 021
Details of the owner of Union Bank of India (Wiki)
UBI Bank, owned by 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 Industrial Finance Branch, Regions and Zonal Offices. He began his pursuit in 1986 as an Agricultural Finance Officer in 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 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
Details of the Company
In UBI Bank, all the resources are fabricated through Current, Savings and Term Deposits. Also through refinance 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 developed using the technology platform. Owing to the purpose to offer a list of choices to customers. Thus, adding speed and convenience to transactions.
On the date of September 2016, UBI possesses 4214 branches. Including, Four at 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.
Union Bank of India Limited customer care
- 080-25300175, Others 022-25751500,
- +91 -22 -25719600