Icon times
Union Bank of India Stock Fundamental Analysis - Financial Results & Equity Research | Investyadnya Stock-o-Meter

Union Bank Of India

CompanyOver

 / 

Highlights

Performing rate for the company

Highlights

undefined

Price Chart (Only Standalone)

PE Price

Quarterly Results ( Figures in Rs. Crores.)

Profit & Loss ( Figures in Rs. Crores.)

Balance Sheet ( Figures in Rs. Crores.)

Cash Flows ( Figures in Rs. Crores.)

Historical Growths

Compounded Sales Growth
Compounded Profit Growth
Compounded Expense Growth
Stock Price CAGR

Ratios ()

Major Shareholders

Shareholders more than 1%

Corporate Action

No Data is available.
No Data is available.
No Data is available.
No Data is available.

Documents

Presentation & Earning Calls

Annual Reports

Credit Rating

No document is available
No document is available
No document is available
No document is available.

Overview

UNION BANK OF INDIA

OVERVIEW

Union Bank of India is one of India’s largest state-owned banks, which was started on November 11, 1919.  It also has an international existence with four overseas branches at Antwerp (Belgium), Hong Kong DIFC (Dubai), & Sydney (Australia). It operates a business in the United Kingdom through its wholly-owned subsidiary Union Bank of India (UK) Ltd. Various innovative products are developed using the technology platform to provide a range of customers’ choices, adding speed, & convenience to transactions.

It provides corporate/Wholesale Banking, Retail Banking, Treasury Operations, cash management services depository services, merchant banking, online trading in securities, and clearing bank services. It is the 1st largest public sector bank in the country to have executed 100% core banking solutions. It has got various awards & recognition for its expertise in technology, financial inclusion, digital banking, & the development of human resources.

MERGERS AND ACQUISITIONS

Two banks that are Corporation Bank & Andhra Bank were amalgamated into Union Bank of India. After this, it becomes the 4th largest bank in terms of the branch network.

SERVICES

        Personal banking: It provides products and services in saving, deposit, retail loans, cards, insurance, investment, and Demat facility.

 

        NRI Banking: It provides an array of services & products in saving, remittance, deposit, loans & payment to its NRI customers.

 

        Corporate Banking: It provides E–Tax, CMS, trade finance, insurance products & loans to its corporate clients.

AWARDS AND RECOGNITIONS

     Received IT Excellence Award for Best IT Team

     Received special Award for Technology for FI

     Received special Award for Managing IT Risk

     Received the Best Payment Initiatives

     Received the Best Technology Bank of the year

     Received Best Risk Management & Security

     Received the Best use of Mobility Technology

     Received the Best Internet Bank

     Received the Best Use of Technology in Training & Learning Initiative

     Received the prestigious Asian Banker IT implementation award

MILESTONES

     In 2000: It launched novel credit schemes for housing & consumer finance.

 

     In 2001, it introduced a unique Deposit Scheme for senior citizens, giving a high-interest rate on all domestic term deposits. It has identified KPMG as its strategic technology consultant for executing the core banking solution. HDFC Standard Life Insurance Company has joined with Union Bank of India for marketing its insurance products.

 

     In 2002: It ties up with New India Insurance Company for market & distributes the products of New India Insurance Co on a commission basis. It has launched a new scheme called 'Union Express Remittance scheme' to offer NRI service in West Asia. The shares of Union Bank of India were listed on Sensex, Nifty.

 

     In 2003: It introduced two new schemes such as NRI Foreign Currency Loans & Domestic Resident Foreign currency accounts for the benefit of NRI customers.

 

     In 2004: It launched Union Suraksha - Easy Life Cover. It has launched into bancassurance & tie-up with the Export Credit Guarantee Corporation Ltd for selling the latter's export credit insurance products.

 

     In 2006: Dena Bank & Union Bank of India tied up with the Small Farmers Agri-business Consortium to facilitate the expansion of the agriculture business.


ABOUT INVEST YADNYA

Invest Yadnya is an eLearning platform engaged in educating & simplifying the contents based on personal finance for all individuals. We have combined technology with financial planning expertise to assist an individual in meeting their financial objectives. We provide valuable time, money, and knowledge to create financial literacy in India with the help of union bank performance.

Invest Yadnya provides an unbiased & transparent Union Bank stock analysis. We keep on updating our data & supply the latest information. Our main objective is to assist our clients in research on 950+ companies, including Union Bank of India results & Union Bank share price graph.

We also provide our clients with the Union Bank annual report &  Union Bank results to understand the company’s financial position before making any investment decisions. Union Bank share analysis offers a summary of how the company incurs revenues & expenses.

A detailed Union Bank analysis is available on the website. It helps to analyse the company's competitive position and its operating results over a specific period. It gives an investor a sense of whether the company is growing, stable or deteriorating. This offers investors clarity about which stock they should invest in.

The Union Bank fundamental analysis gives the clients a better understanding of the company’s EPS, Debt-Equity Ratio etc. It helps clients take the first step in choosing which companies to invest in.

To find the latest project report on Union Bank of India stock, check out our Equity Research and Stock Fundamental Analysis Tool, Sock-O-Meter. You can also find the latest Union Bank stock price on our stock research tool.

Our website has information about 12 other Public Bank Companies that give insight into its financials. Companies include Punjab National Bank, Canara Bank, SBI Bank, Bank of Baroda, Bank Of India, Central Bank Of India & many more.

LATEST UPDATE

premium Premium
free Free
Read More

REPORTS


Comment

Chat on WhatsApp
Caret UP Arrow
InvestYadnya Support
Typically replies in minutes
InvestYadnya Support
Hi there
Welcome to InvestYadnya.
We are available to assist you on WhatsApp.
Please click on the button below to chat with us.
(10 AM to 7 PM IST)
16:10
Chat with InvestYadnya