union bank of india

union bank of india has greenlit a substantial capital raise, aiming to secure up to Rs 8,000 crore. This strategic move involves issuing debt instruments, including Basel III-compliant bonds, to the tune of Rs 5,000 crore. Additionally, the bank plans to bolster its equity by Rs 3,000 crore through various public and private offerings.

union bank of india is hiring 1,865 apprentices for a one-year banking operations training program. Applications are open until May 19, 2026, for graduates aged 20-28. Selected candidates will receive monthly stipends ranging from Rs 15,000 to Rs 20,000 based on branch location. The selection involves an online test, language proficiency, and medical examination.

A bhel puri served on a printed bank statement has gone viral. The paper contained personal banking details. This incident raises serious concerns about data privacy in India. It also highlights hygiene risks associated with using discarded paper for food. Users are calling for greater awareness on proper document disposal and food safety practices.

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union bank of india has issued its Apprentice Recruitment 2026 notification on 28 April 2026, announcing 1865 vacancies across India. Applications will be accepted from 29 April to 19 May 2026 via the BFSI SSC portal. Graduates aged 20 to 28 are eligible. Selection involves an online test, local language assessment and medical examination. Stipends range from Rs 15000 to Rs 20000 depending on branch location. The apprenticeship offers one-year banking sector training programme initiative.

Uttar Pradesh STF arrested a senior union bank of india official, Nitin Chaudhary, for his alleged role in a large-scale loan scam under the Pradhan Mantri Mudra Yojana. The racket used forged documents and fake identities to fraudulently sanction loans worth crores across multiple banks. Chaudhary admitted to personally approving several fraudulent loans, with funds routed to fake firms.

Lohiya & others embezzle Rs 20-cr loan sanctioned to Agarwal in 2016: Investigation

The Bombay High Court ruled that penal measures against wilful defaulters should cease after a compromise settlement, unless fraud is proven. The court lifted loan restrictions for two directors of a mineral trading company, stating it's unreasonable to treat all defaults equally once an NPA is settled. This decision offers relief to borrowers who successfully resolve their dues through compromise.

Earlier, the case was being probed by Maharashtra police but there wasn’t much development and centre issued a notification for a CBI probe last month after receiving a consent from Maharashtra government.

State-owned union bank of india on Saturday said it will raise up to Rs 3,700 crore, including capital infusion and public offering.

union bank of india has reported a net profit of Rs 575 crore for the quarter ended December 2019, nearly four times the Rs 153 crore it earned in the year-ago period.

union bank of india on Monday announced issuance of 3.625% senior unsecured bonds due in 2018 through its Hong Kong branch.The bonds are rated Baa3 by Moody’s and BBB – by Standard & Poor.

union bank of india has opened online registration for 500 Apprenticeship posts. Eligible candidates can apply on unionbankofindia.co.in or bfsissc.com until September 17, 2024. The selection process includes an online exam, knowledge and local language tests, and a medical examination. Candidates can check important details and direct link to apply here.

union bank of india Executive Director (ED) SS Mundra on Monday said that though union bank of india had only 84 branches in Bihar.

Maintaining that guidelines of union bank of india for granting education loans Madras high court on Thursday directed the bank to provide Rs 15,000 as education loan to enable a student of diploma in mechanical engineering to pursue his studies.

union bank of india has released the admit cards for the Local Bank Officer (LBO) Recruitment 2024. Candidates who have registered can now download their admit cards from the official website, unionbankofindia.co.in. Check important details and the direct link to download here.