Union Bank of India PO Life

Before applying for Union Bank of India Probationary Officer (PO) job position, I want to know Union Bank of India PO post salaries, benefits, work-life balance, management, job security please provide here detailed info about that???

Hi buddy here I have come to know Union Bank of India PO Life /responsibilities/work so will you plz let me know about the same here ??

[pawan]

Union Bank of India is one of the largest government-owned banks of India (the government owns 63.44% of its share capital). It is listed on the Forbes 2000, and has assets of USD 13.45 billion.

As you want here I am giving below info about Union Bank of India PO Life /responsibilities/work

Union Bank of India PO Life /responsibilities/work

Before the completion of the probation period, which is for 2 years, Union Bank of India PO can be asked to perform any kind of bank related activity; it can be the clerk or assistant type of job.

During the probation period they are trained for having the practical knowledge in finance, accounting, marketing, billing as well as investment.

After successful completion of the probation period, he/she is posted in any bank branch as an Assistant Bank Manager to handle works on daily customer transactions, viz. passing a cheque, draft issuance, cash management etc.

He/She has to work towards increasing the bank business viz. managing cash flow, loans and mortgages and finances.

Another responsibility of PO is to work as public relations officer, handle customer complaints and address various customer related issues such as discrepancies in accounts, rectification of undue charges and look into complaints regarding services provided by the bank.

The work of Union Bank of India PO also includes managerial tasks, such as supervision of clerical work, taking decisions for the benefit of the bank, managing cash balance etc.

Bank profile

Type Public company

Traded as BSE: 532477

NSE: UNIONBANK

Industry Banking, Financial services

Founded 11 November 1919; 98 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$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)