Name: United Bank Of India
Item: United Bank Of India
Author: suniltams@gmail.com

United Bank Of India in Bangalore is Located Brigade Road, Bangalore. United Bank of India is a Nationalized Bank. It has many branches over the country and India. Get more details, visit the official website of the United Bank of India.

United Bank of India (UBI) is an Indian government-owned bank headquartered in Kolkata, India. Presently the bank has a three-tier organizational setup consisting of its head office in Kolkata, 36 regional offices and 2054 branches spread all over India. However, its major presence is in Eastern India. The bank has three full-fledged overseas branches, one each at Kolkata, New Delhi and Mumbai. United Bank of India now aims to expand its international activities.

On 30 March 2009, the Indian government approved the restructuring of the United Bank of India. The government proposed to invest 2.5 billion rupees in shares by 31 March and another 5.50 billion in the next fiscal year in Tier-I capital instruments. The move is part of the Indian government’s program to improve the capital base of the state-owned banks. UBI gets SEBI approval for Rs 1,000 crore equity issue via QIP On 22 November 2017, the United Bank of India (UBI) said it has received SEBI’s approval for issue of equity shares worth Rs 1,000 crore by way of institutional placement.

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United Bank Of India

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