Union Bank Of India Escalation

Hi buddy here I have come to get info about Union Bank Of India Escalation, so would you plz tell me about the same ??

[Rajkumar Agarwal]

Union Bank of India is one of the largest government-owned banks of India (the government owns 63.44% of its share capital).

As you asking for Union Bank Of India Escalation, so here I am telling It is listed on the Forbes 2000, and has assets of USD 13.45 billion. Union Bank of India all branches have been networked with its 6909 ATMs as on 30 September 2015. Its online Telebanking facility are available to all its Core Banking Customers - individual as well as corporate.

As of September 2016, Union Bank of India has 4214 branches. Four of these are overseas in Hong Kong, Dubai International Financial Centre, Antwerp, and Sydney (Australia).

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 Arun Tiwari

(Chairman & MD)

Products Consumer banking, corporate banking, finance and insurance,
investment banking, mortgage loans, private banking, wealth management

Revenue 32,198.80 crore (US$4.8 billion)(2016)

Operating income 5,722 crore (US$850 million) (2016)

Net income 1,351.60 crore (US$200 million) (2016)

Total assets 404,695.90 crore (US$60 billion) (2016)

Owner Government of India

Number of employees 35,514 (2016)

Capital ratio 10.56% (2016)