Union Bank of India share news, announcements and annual reports
NSE: UNIONBANKBSE: 532477BanksLarge Cap
Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Sep 2002
Last close ₹182.98down ₹1.62 (0.88%)BSE ₹182.00
Share price at the NSE close on 28 Oct 2026. Previous close ₹184.60.
28 Oct: open ₹182.76, high ₹183.27, low ₹180.60
52-week range of traded prices to 28 Oct 2026
₹140.80Low, 30 Oct 2025₹205.49High, 27 Feb 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹1,39,680 Cr75th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 6.35
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 0.97
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.73%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 16.3%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. For the whole group. Net interest margin in the glossary
- 2.67%
- Gross NPAGross NPA, non-performing loans. Gross non-performing loans as a percentage of all loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is below the net share. At the end of Sep 2026. For the company alone, not its group: the regulator measures it company by company.
- 2.42%
- Net NPANet NPA, non-performing loans. Net non-performing loans as a percentage of loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is above the gross share. At the end of Sep 2026. For the company alone, not its group: the regulator measures it company by company.
- 0.42%
- CET1Common equity tier 1 ratio. The bank's core capital, mostly shareholders' money, as a percentage of its loans and other assets weighted by risk, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the figure is outside what it can be. At the end of Sep 2026. For the company alone, not its group: the regulator measures it company by company. Common equity tier 1 ratio in the glossary
- 16.05%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026. For the whole group. Return on assets in the glossary
- 1.25%
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 90,24,91262.2% delivered
Union Bank of India board and management
152 filed, newest first. Page 3 of 4.
Apr 2016
Jan 2016
Dec 2015
Jul 2015
Mar 2015
Nov 2014
28 Nov · Management
Central Government in exercise of the powers conferred by clause (b) of sub-section (3) of Section 9 of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3 of The Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, on November 25, 2014 appointed Shri Mihir Kumar as Government Nominee Director of Union Bank of India in place of Mohammad Mustafa with immediate effect and until further orders.
May 2014
Dec 2013
26 Dec · Management
Central Government, in exercise of the powers conferred by clause (a) of Sub-section(3) of section 9 of the Banking Companies (Acquisition and transfer of Undertaking) Act, 1970/1980, read with sub-clause (1) of clause 3 and sub-clause (10 of clause 8 of the Nationalised Banks (Management and Miscellaneous Provision) Scheme, 1970/1980 has appointed Shri Arun Tiwari Executive Director, allahabad Bank, as Chairman and Managing Director of union Bank of India, with effect from the date of his taking over charge of the post and upto June 30, 2017, i.e. the date of his superannuation or until further orders, whichever is earlier. Shri Arun Tiwari has taken charge as Chairman and Managing Director of the Bank on Decemeber 26,2013.6 Dec · Management
Central Government in exercise of the powers conferred by sub-section 3(g) of Section 9 of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (b) of clause 9(2) of The Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has vide notification dated December 05, 2013 appointed Shri Jag Mohan Sharma as part-time Non-official Director under Chartered Accountant category on the Board of Directors of Union Bank of India for a period of three years, from the date of notification of his appointment or until further orders, which is earlier.
Nov 2013
1 Nov · Management
Ms. Neha Agrawal (Company Secretary) has been taken over as Compliance Officer of the bank in place of Ms. Monika Kalia w.e.f. November 01, 2013.
Oct 2013
4 Oct · Management
Vide letter dated October 01, 2013 that the Central Government in exercise of the powers conferred by clause (b) of sub-section (3) of Section 9 of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3 of The Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has vide notification dated September 30, 2013 appointed Shri. Mohammad Mustafa as Government Nominee Director of Union Bank of India in place of Dr. Achintan Bhatacharya with immediate effect and until further orders.
Aug 2013
6 Aug · Management
Central Government, after consultation with the Reserve Bank of India, in exercise of the powers conferred by clause (a) of subsection (3) of Section 9 of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3 and sub-clause (1) of Clause 8 of The Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has vide notification dated August 05, 2013 appointed Shri Rakesh Sethi as Executive Director of Union Bank of India.
Jun 2013
3 Jun · Management
Central Government, in exercise of the powers conferred by clause (c) of sub-section 3 of Section 9 of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3 of The Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has nominated Shri Deepak Singhal as Director on the Board of Directors of Union Bank of India in place of Shri Chandan Sinha, with immediate effect from date of notification i.e. May 31, 2013 and until further orders.
May 2013
7 May · Management
Central Government, in exercise of the powers conferred by sub-section 3 (h) and (3-A) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has nominated Smt. Anusuiya Sharma as part-time non-official Director on the Board of Directors of Union Bank of India, for a period of three years from the date of notification of her appointment i.e. May 06, 2013 or until further orders, whichever is earlier.
Apr 2013
25 Apr · Management
Central Government, in exercise of the powers conferred by sub-section 3 (g) Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (b) of clause 9 (2) of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, had after consultation with Reserve Bank of India, nominated Shri B. M. Sharma, as part-time non-official director under Chartered Accountant Category, on the Board of Directors of Union Bank of India, for a period of three years from the date of notification i.e. April 16, 2010, of his appointment and/or until further orders, whichever is earlier. Shri B. M. Sharma has completed his tenure of three years on April 15, 2013. Accordingly he ceases to be a Director of the Bank w.e.f. April 16, 2013.12 Apr · Management
Central Government, in exercise of the powers conferred by sub-section 3 (h) and (3-A) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has nominated Shri Shri Kant Misra as part-time non-official Director on the Board of Directors of Union Bank of India, for a period of three years from the date of notification of his appointment i.e. April 11, 2013 or until further orders, whichever is earlier.
Jan 2013
22 Jan · Management
Central Government, in exercise of the powers conferred by clause (a) of Sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3 and sub-clause (1) of clause 8 of the nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, and after consultation with the Reserve Bank of India, has appointed Shri K. Subrahmanyam, (DoB : 15.07.1955) General Manager, Indian Overseas Bank, as Executive Director of Union Bank of India, in place of Shri S. S. Mundra, with effect from the date of his taking over charge of the post till July 31, 2015 i.e. the date of his attaining the age of superannuation or until further orders, whichever is earlier.
Jul 2012
20 Jul · Management
Central Government, in exercise of the powers conferred by clause (b) of Sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act,1970/1980, read with sub-clause (1) of Clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has nominated Dr. A. Bhattacharya, Joint Secretary, Department of Financial Services, as Director of the Bank in place of Shri Rajesh Khullar, with immediate effect and until further orders.
Apr 2012
2 Apr · Management
Central Government, in exercise of the powers conferred by clause (a) of Sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3, clause 5, clause 6, clause 7 and sub-cluase (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) scheme, 1970/1980, and after consultation with the Reserve Bank of India, has appointed Shri D. Sarkar, Executive Director, Allahabad Bank, as Chairman and Managing Director of Union Bank of India, with effect from the date of his taking over charge of the post on or after April 01, 2012 till November 30, 2013 i.e. the date of his superannuation or until further orders, whichever is earlier. Shri D. Sarkar has taken charge as Chairman & Managing Director of the Bank on April 01, 2012.
Jan 2012
19 Jan · Management
Central Government, in exercise of the powers conferred by clause (e) of Sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) & (2) of Clause 9 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has appointed Shri N. Shankar, Special Assistant, Union Bank of India, as Workmen Employee Director on the Board of Directors of Union Bank of India for a second tenure of three years with effect from the date of notification of his appointment i.e. January 19, 2012, or until further orders whichever is earlier.
Nov 2011
28 Nov · Management
Bank is in receipt of Letter dated September 24, 2011 from Shri Arun Kumar Nanda, elected shareholder director {Clause 9(3) (i)} tendering his resignation from the Board of the Bank due to some personal reasons. The same was considered by the Board of Directors of the Bank in its meeting held on November 23, 2011 and it was directed to forward the same to Government of India in terms of Clause 11(2) of National Banks (Miscellaneous Provisions) Scheme, 1970. The same has been received by Department of Financial Services, Ministry of Finance, Government of India on November 28, 2011 and resignation shall be effective from November 28, 2011.15 Nov · Management
The Central Government, in exercise of the powers conferred by clause (b) of Sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of Clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has nominated Shri. Rajesh Khullar, Joint Secretary, I & I Division, DEA, as Director of the Bank in place of Shri. Samir K Sinha, with immediate effect and until further orders.
Oct 2011
13 Oct · Management
Central Government, in exercise of the powers conferred by clause (c) of sub-section 3 of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has nominated Shri Chandan Sinha as Director on the Board of Directors of Union Bank of India in place of Smt. Meena Hemchandra with immediate effect and until further orders.
Sep 2011
5 Sep · Management
Union Bank Of India had informed the Exchange that the Central Government, in exercise of the powers conferred by clause (a) of Sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub clause (1) of clause 3 and sub-clause(1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, and after consultation with the Reserve Bank of India, has appointed Shri Suresh Kumar Jain, (DoB : May 05, 1954) General Manager, Bank of India, as Executive Director of Union Bank of India, from the date of his taking over charge of the post on or after September 01, 2011 till May 31, 2014 i.e. the last day of the month in which he would attain the age superannuation or until further orders, whichever is earlier. Further, the Bank has now informed the Exchange that Shri Suresh Kumar Jain has taken over charge as Executive Director of the Bank from September 01, 2011.
Aug 2011
26 Aug · Management
Central Government, in exercise of the powers conferred by clause (a) of Sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3 and sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, and after consultation with the Reserve Bank of India, has appointed Shri. Suresh Kumar Jain, General Manager, Bank of India, as Executive Director of Union Bank of India, with effect from the date of his taking over charge of the post on or after September 01, 2011 till May 31, 2014 i.e. the date of his superannuation or until further orders, whichever is earlier.
Jul 2011
23 Jul · Management
Central Government, in exercise of the powers conferred by clause (b) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has nominated Shri Samir K. Sinha, Director, Department of Financial Services as Director of the Bank in place of Shri K. V. Eapen with immediate effect and until further orders.
May 2011
5 May · Management
Central Government, in exercise of the powers conferred by clause (f) of sub-section 3 of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) & (2) of clause 9 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, after consultation with the Reserve Bank of India, has nominated Shri B. N. Bhattacharjee (DOB : 31.05.1954), Assistant Manager, Union Bank of India, as Officer Employee Director on the Board of Directors of Union Bank of India vide its notification dated May 04, 2011, for a period of three years from the date of his nomination or until he ceases to be an officer of the Union Bank of India or until further orders, whichever is the earliest.
Apr 2011
1 Apr · Management
Appointment Committee of the Cabinet of Government of India has approved re-appointment of Chairman and Managing Director of the Bank, Shri M. V. Nair, for an initial tenure of three months w.e.f. April 01, 2011 or until further orders, whichever is earlier.
Feb 2011
4 Feb · Management
As per letter no.F.No.20/7/2004-BO-I dated 03.02.2011 received from Ministry of Finance, Government of India Shri Ashok Singh, Part-time Non-official Director of Union Bank of India, has tendered his resignation from the Board of the Bank vide his letter dated 24.01.2011. The resignation tendered by Shri Ashok Singh has been accepted by the Competent Authority w.e.f. 25.01.2011. As such he ceases to be Director on the Board of Union Bank of India
Sep 2010
2 Sep · Management
Shri Sunderrajan Raman, Executive Director of Union Bank of India, has been appointed as chairman and Managing Director of Canara Bank vide notification dated 01.09.2010 of Ministry of Finance, Government of India. In terms of this notification Shri Sunderrajan Raman has taken over the Charge as Chairman and Managing Director of Canara Bank w.e.f. 01.09.2010. As such to be Director of Union Bank of India2 Sep · Management
Central Government, in exercise of the powers conferred by clause (a) sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3 and sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, and after consultation with the Reserve Bank of India, has appointed Shri S.S. Mundra, (DoB: 18.07.1954) General Manager, Bank of Baroda, as Executive Director of Union Bank of India, with effect from the date of his taking over charge of the post and up to 31.07.2014 i.e. the last day of the month in which he would attain the age superannuation or until further orders, whichever is earlier. Shri S.S. Mundra has taken over charge as Executive Director of the Bank from 01.09.2010.
Jul 2010
31 Jul · Management
Central Government, in exercise of the powers conferred by clause (c) sub-section 3 of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has nominated Smt. Meena Hemchandra, as Director under RBI Nominee Category, on the Board of Directors of Union Bank of India, in place of Shri K. Sivaraman with immediate effect from the date of notification i.e. July 30, 2010 and until further orders.
Apr 2010
19 Apr · Management
The Central Government, in exercise of the powers conferred by Sub-section 3 (g) Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (b) of clause 9 (2) of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has after consultation with Reserve Bank of India, nominated Shri B. M. Sharma (DoB: 15.07.1956), as part-time non-official director under Chartered Accountant Category, on the Board of Directors of Union Bank of India , for a period of three years from the date of notification i.e. 16.04.2010, of his appointment and/or until further orders, whichever is earlier
Jan 2010
4 Jan · Management
Smt. Rani Satish, was appointed as part-time non-official Director of Union Bank of India, by the Central Government in exercise of the powers conferred by Sub-section (3h) and (3-A) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970 / 1980, for a period of three years with effect from the date of notification i.e. 2nd January, 2007 or until her successor is nominated or until further orders, whichever is earlier. Since the period of three years from the date of notification has expired, she ceases to be Director of the Bank w.e.f. 1st January, 2010
Nov 2009
23 Nov · Management
The Central Government, in exercise of the powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970/1980, read with sub-clause (1) of clause 3 and sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, and after consultation with the Reserve Bank of India, has appointed Shri S.C. Kalia, (DoB :06.08.1951) Executive Director of Vijaya Bank, as Executive Director of Union Bank of India, from the date of his taking over charge of the post and up to 31.08.2011 i.e. the last day of the month in which he would attain the age superannuation until further orders, whichever is earlier. Shri S.C. Kalia has taken over charge as Executive Director of the Bank today i.e. 21.11.2009
Oct 2009
12 Oct · Management
Shri K. S. Sreenivasan, was appointed as part time non official Director of Union Bank of India, by the Central Government in exercise of the powers conferred by clause (g) of Sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Underakings) Act, 1970, read with sub-clause (b) of clause 9(2) of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970, and after consultation with the Reserve Bank of India, under Chartered Accountant category for a period of three years with effect from the date of notification i.e. 11th October, 2006 and/or until further orders, whichever is earlier. since the period of three years from the date of notification has expired, he ceases to be Director of the Bank6 Oct · Management
The Central Government, after consultation with Reserve Bank of India has amended the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980 and the same has been informed by Department of Financial Services, Ministry of Finance vide their letter no.F.No.13/1/2006-BO-I dated September 25, 2009. In view of the said amendments and pursuant to Clause 30 of the Listing Agreement, we wish to inform you that Shri. Debasis Ghosh, appointed as Officer Employee Director w.e.f. November 22, 2005 has ceased to be Director of the Bank
Sep 2009
2 Sep · Management
The Central Government, in exercise of the powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970/1980, read with sub-clause (1) of clause 3 and sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, and after consultation with the Reserve Bank of India, has appointed Shri T.Y. Prabhu, Executive Director of Union Bank of India, as Chairman & Managing Director of Oriental Bank of Commerce w.e.f. 27.08.2009
Jun 2009
23 Jun · Management
An Extra Ordinary General Meeting of the Shareholders of the Bank was held on June 22, 2009 to elect three Directors from amongst Shareholders other than the Government of India, in place of the following retiring Shareholder's Directors:-(1) Shri R.R. Nair (2) Prof.N.L.Sarda (3) Prof. M.S.Sriram. Further it may be noted that the following three directors have been elected in the aforesaid Extraordinary General Meeting.(1) Shri Arun Kumar Nanda (2) Prof. M.S. Sriram(re-elected) (3) Shri S. Ravi
Feb 2009
13 Feb · Management
Appointment of Statutory Auditors of the Bank for the financial year 2008-09. The list of the Statutory Auditors shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2009
30 Jan · Management
Central Government, in exercise of the powers conferred by sub-section 3 (h) and (3-A) of Section 9 of the Banking Companies ( Acquisition and Transfer of Undertakings ) Act, 1970/1980, read with sub-clause (1) of clause 3 of the Nationalised Banks ( Management and Miscellaneous Provisions) Scheme, 1970/1980, has nominated Dr. Gulfam Mujibi as part - time non - official Director on the Board of Directors of Union Bank of India, for a period of three years from the date of notification i.e. January 29, 2009 of his appointment or until further orders, whichever is earlier.
Oct 2008
16 Oct · Management
Central Government, in exercise of the powers conferred by clause (a) of Sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3, sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, and after consultation with the Reserve Bank of India, have appointed Shri Sunderrajan Raman, General Manager, Bank of India, as a whole time director (designated as Executive Director) of Union Bank of India, from the date of his taking over charge of the post and up to 30.09.2012 i.e. the date of his superannuation or until further orders, whichever is earlier. Shri Sunderrajan Raman has taken over charge as Executive Director of the Bank on October 16, 2008.
Sep 2008
16 Sep · Management
The Central Government, in exercise of the powers conferred by Clause (e) of sub-section 3 of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, read with sub-clause (2) (a) of clause 9 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970, has appointed Shri N. Shankar as Workmen Director on the Board of Union Bank of India in place of Shri Suresh Vishnupant Dange, for a period of three years from the date of notification i.e. September 15, 2008 or until further orders, whichever is earlier
Aug 2008
7 Aug · Management
The Central Government, in exercise of the powers conferred by clause (a) of Sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause 3 and sub-clause (1) of clause 8 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, and after consultation with the Reserve Bank of India, has appointed Shri Rajasekhara Reddy, Executive Director of Union Bank of India, as Chairman & Managing Director of Andhra Bank w.e.f.02.08.2008
Mar 2008
28 Mar · Management
Union Bank Of India had informed the Exchange regarding appointment of Smt. Monika Kalia as Company Secretary of the Bank. The Bank has now informed the exchange that Smt. Monika Kalia is designated as Compliance Officer of the Bank. Her Contact number is 22896650 and E-mail id is monikakalia@unionbankofindia.com.5 Mar · Management
Following auditors are appointed as Statutory Central Auditors (SCAs) of the Bank for the financial year 2007-2008: (1) M/s Batliboi & Purohit, Chartered Accountants, Mumbai. (2) M/s Lodha & Co., Chartered Accountants, Kolkata. (3) M/s. Price Patt & Co., Chartered Accountants, Chennai. (4) M/s Dass Maulik Mahendra K.Agarwal & Co., Chartered Accountants, Bhubaneshwar. (5) M/s. S.R.Goyal & Co., Chartered Accountants, Jaipur.(6) M/s. Chandabhoy & Jassoobhoy, Chartered Accountants, Mumbai".
Feb 2008
20 Feb · Management
The Central Government, in exercise of the powers conferred by sub-section 3(h) and (3-A) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause 3 of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, have nominated Shri Ashok Singh as part-time non- official Director on the Board of Directors of Union Bank of India for a period of three years from the date of notification i.e. February 19, 2008 or until further orders, whichever is earlier
Jan 2008
29 Jan · Management
Smt. Monika Kalia has joined the services of the Bank as Company Secretary with effect from 29th January, 2008 and she will be part of Investor Services Division at Central Office.