United Bank Of India Ubi

United Bank of India, OBC slipped into red before merger with PNB

While UBI posted a net loss of around Rs 6,700 crore in the quarter ending March 2020 (Q4FY20), OBC logged a net loss of around Rs 2,700 crore, an executive said, requesting anonymity.

Bank merger: Will approach markets for capital in Q3, says Mallikarjuna Rao

The ecosystem is favourable to us because of the developments over the last two months. Therefore, we will have to work in converting that confidence into business relationships, says Rao

PNB to hold meeting on Sept 5 to consider merger with OBC, United Bank

The government on Friday unveiled a mega plan to merge 10 public sector banks into four as part of plans to create fewer and stronger global-sized lenders

Muted response to UBI's employee-share purchase scheme; Rs 320 mn raised

A part of the officers' union and workman union abstained from the issue

UBI gets SEBI approval for Rs 1,000-cr equity issue via QIP

UBI proposes to get the board's nod for the issue of five crore equity shares in the form of ESOPs/ESPs in one or more tranches

UBI posts loss of Rs 413 crore

UBI's net NPA in the March quarter 2016 was 9.04%; it was 6.22% in the previous quarter. GNPAs were 13.26%