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What is the meaning of union bank of India logo?
Unite the customer with bank for better future and growth
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Sri M V Nair is the Chairman & Managing Director as on today.
lioness and coconut tree
Union Bank of India has a Representative office in the UK in London. The details of the office are available in the bank's website.
It means Triveni Sangam of Ganga,Yamuna & Swaraswati at Allahabad.
Union Bank of India is a normal retail bank that provides all the banking facilities for its customers. They include: . Savings/Current Accounts . Fixed/Term Deposits' . Lo…ans . Safe Deposit Lockers . etc
The State Bank of India (Subsidiary Banks Laws) Amendment Bill, 2006 has got the Union Cabinet's approval on April 20. The motto behind the amendment is to give the SBI's seve…n subsidiaries the flexibility and authority to raise resources from the market. State Bank of India has its seven subsidiary banks such as the State Bank of Saurashtra, the State Bank of Hyderabad, the State Bank of Patiala, the State Bank of Bikaner and Jaipur, the State Bank of Indore, the State Bank of Mysore and the State Bank of Travancore. According to the report, the bill maintains that the SBI should reduce its shareholding in its 7 subsidiaries from a minimum of 55 per cent to 51 per cent. Further, the bill allows the subsidiaries banks to raise funds from market through preferential allotment or private placement or public issue. Earlier, the bill was tabled in the Parliament in May last year. If the bill would take a form of the act, the flexibility of the board of directors would be enhanced, corporate governance of all subsidiaries banks would be developed and the boards of the subsidiary banks will have the powers to frame necessary regulations. A Parliamentary standing committee earlier had recommended the necessary amendments in the governance of SBI and its seven subsidiary banks. It is being said that the amendments would bring the functioning of subsidiary banks according to the changed scenario and modern business practices in the banking sector.
Union Bank of India, UBI is one of the major nationalized (government owned) banks in India that provides all banking services to the citizens of India. It was established in… the year 1919 and has been providing banking services like bank accounts, loans etc to the customers of the bank. Good People to Bank with is the slogan of Union Bank of India. UBI is one of the major nationalized (government owned) banks in India that provides all banking services to the citizens of India.
The syndicate bank logo is "Faithful Friendly" - with the symbol of a dog. They basically want to emphasis on the fact the bank is trust worthy and a friend. They are trying t…o draw a correlation between a dog as man's best friend and their bank - as a reliable, faithful friend.
good people to bank with.. sahana
meaning is central bank links with everyone
Union Bank of India (UBI) was registered on 11 November 1919 as a limited company in Mumbai and was inaugurated by Mahatma Gandhi. At the time of India's Independence in 1947,… UBI still only had four branches - three in Mumbai and one in Saurashtra, all concentrated in key trade centres. After Independence UBI accelerated its growth and by the time the government nationalized it in 1969, it had grown to 240 branches in 28 states. Now it has over 2500 branches all over India.
Union Bank of India provides the following services to its customers. . Savings accounts . Checking accounts . Fixed Deposits . Home Loans . Personal and Auto loans . … Credit Cards . etc .
Union Bank of India (UBI) was registered on 11 November 1919 as a limited company in Mumbai and was inaugurated by Mahatma Gandhi. At the time of India's Independence in 1947,… UBI still only had four branches - three in Mumbai and one in Saurashtra, all concentrated in key trade centres. After Independence UBI accelerated its growth and by the time the government nationalized it in 1969, it had grown to 240 branches in 28 states. Now it has over 2500 branches all over India. . A Glorious Past - A Brighter Future Union Bank of India was established on 11th November 1919 with its headquarters in the city of Bombay now known as Mumbai. The Head Office building of the Bank in Mumbai was inaugurated by Mahatma Gandhi, the Father of the nation in the year 1921, and he said on the occasion:"We should have the ability to carry on a big bank, to manage efficiently crores of rupees in the course of our national activities. Though we have not many banks amongst us, it does not follow that we are not capable of efficiently managing crores and tens of crores of rupees." His prescient words anticipated the growth of the bank that has taken place in the decades that followed. The Bank now operates through over 2800 branches across the country. The Bank's core values of prudent management without ignoring opportunities is reflected in the fact that the Bank has shown uninterrupted profit during all 90 years of its operations. Union Bank has been playing a very proactive role in the economic growth of India and it extends credit for the requirements of different sectors of economy. Industries, exports, trading, agriculture, infrastructure and the individual segments are sectors in which the bank has deployed credit to spur economic growth and to earn from a well diversified portfolio of assets. Resources are mobilised through Current, Savings and Term Deposits and through refinance and borrowings from abroad. The Bank has a large clientele base of over 24 million. On the technology front the Bank has taken early initiatives and 100% of its branches are computerised. The Bank has also introduced Core Banking Solution with connectivity between branches. 100% of the business of the Bank is under Core Banking Solution making it a leader among its peers in infusion of technology. Many innovative products are developed using the technology platform to offer an array of choices to customers, adding speed and convenience to transactions. Technology will also enable the Bank to derive substantial cost reduction while creating the requisite capacity to handle the ever increasing volume of business in a competitive environment that offers immense opportunities. At the end of September 2011 the Bank achieved total business level of Rs.3,42,856 crore (Rupees Three Lakh Forty two thousand Eight hundred fifty six crore) Behind all these achievements is a dedicated team of staff, which is truly cosmopolitan in its composition. Many generations of members of staff have contributed in building up the strong edifice of the Bank. The present team of over 29000 members of staff distinguishes itself with its customer centricity, willingness to learn and adherence to values enabling us to be recognised as a caring organisation where people enjoy their work and relationship with customers..
lioness & coconut tree