It will soon have separate verticals for corporate, small and medium enterprises (SMEs), retail (both resource and retail products) and agriculture credit.
"We have decided to have separate verticals for the corporate, SME, retail and agriculture credit for the overall business growth," said L M V Rao, general manager, Union Bank of India.
Rao said 21 branches of the bank have been identified for high-value corporate credit. These branches will correspond directly with the head office for faster decision making and disbursal of credit.
