Search results
Union Bank of India was established on 11 November 1919 in Bombay (now Mumbai) by Seth Sitaram Poddar. [1] The bank's corporate office was inaugurated by Mahatma Gandhi. At the time of India's independence in 1947, the bank had four branches – three in Mumbai and one in Saurashtra in trade centres. [9]
About Union Bank of India . Union Bank of India is one of the leading public sector banks of the country. The Bank is a listed entity, and the Government of India holds 74.76 percent in Bank’s total paid-up capital. The Bank, having its headquarters at Mumbai (India), was registered on November 11, 1919 as a limited company.
Shri Pankaj Dwivedi - Executive Director. Shri Pankaj Dwivedi assumed office as the Executive Director of Union Bank of India on March 27, 2024. Prior to joining Union Bank of India, he was General Manager in Punjab & Sind Bank. He has more than 31 years of rich Banking experience.
A 2018 stamp dedicated to the 100th anniversary of the Union Bank of India. Union Bank of India was established on 11 November 1919 in Bombay (now Mumbai) by Seth Sitaram Poddar. [1] The bank's corporate office was inaugurated by Mahatma Gandhi.
Oct 14, 2024 · Union Bank of India, the fourth largest public sector bank in India, was established in 1919, and boasts a substantial nationwide presence. Mahatma Gandhi inaugurated the Union Bank of India's ...
We have presented here certain Information about Union Bank of India which will help you understand more about our Bank – our profile, our aspirations, our leadership team, the banking and other policies we have adopted etc.
Company History - Union Bank of India. YEAR EVENTS. 1969 - The Bank was brought into existence by the Ordinance issued on. 10th July, by the Central Government. In terms of the Ordinance, the Undertaking of `The Union Bank of India, Ltd.', was replaced.
Union Bank of India was inaugurated by the Father of the Nation, Mahatama Gandhi, on November 11, 1919. Started as a limited company in Mumbai, it was one of the few Financial Commercial banks in India.
Shortly after nationalisation, Union Bank of India acquired Belgaum Bank, a private sector bank established in 1930 that had itself merged with the Shri Jadeya Shankarling Bank (Bijapur; incorporated on 10 May 1948) in 1964.
Nov 7, 2014 · Union Bank of India History. Union Bank of India was established on 11th November 1919 with its headquarters in Mumbai. It was promoted by Seth Sitaram Poddar 1 and for the first three years was under European Management.
