2023 2024 Student Forum > Management Forum > Main Forum

 
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27th September 2017, 04:14 PM
Super Moderator
 
Join Date: Aug 2012
Re: Online Money Transfer Union Bank Of India

Union Bank of India is one of the largest government-owned banks of India (the government owns 63.44% of its share capital). Union Bank of India is one of the leading banks in providing the state of the art online banking features in India and there online funds transfer works quite well.

Charges:

For transaction amount up to Rs. 10,000 : Rs. 2.50 + taxes
For transaction amount above Rs. 10,000 & up to Rs. 1 Lac : Rs. 5.00 + taxes
For transaction amount above Rs. 1 Lac & up to Rs. 2 Lacs : Rs. 15.00 + taxes
For transaction amount more than Rs. 2 Lacs : Rs. 25.00 + taxes

Bank profile:
Type Public company
Traded as BSE: 532477
NSE: UNIONBANK
Industry Banking, Financial services
Founded 11 November 1919; 97 years ago
Headquarters Mumbai
Key people Shri Rajkiran Rai G.
(Managing Director & CEO)
Products Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, wealth management
Revenue 32,198.80 crore (US$5.0 billion)(2016)
Operating income 5,722 crore (US$890 million) (2016)
Net income 1,351.60 crore (US$210 million) (2016)
Total assets 404,695.90 crore (US$63 billion) (2016)
Owner Government of India
Number of employees 35,514 (2016)
Capital ratio 10.56% (2016)


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