Tag: Union Bank

SBI, Union Bank, PNB pick up stake in NARCL

Three state-owned lenders — SBI, Union Bank of India, and PNB — picked up over 12 percent stake each in the proposed bad bank NARCL on Thursday and said their holdings will be brought down by December. While State Bank of India (SBI) and Union Bank of India picked up 13.27 percent stake each, representing a cumulative 3.88 crore shares […]

Union Bank of India bags pension disbursal mandate from NDMC

New Delhi, Union Bank of India on Tuesday said it has bagged pension disbursement mandate from North Delhi Municipal Corporation. Union Bank of India has entered into an agreement with North Delhi Municipal Corporation (NDMC) for pension disbursal of their retired employees, the lender said in a release. A memorandum of understanding was signed at the Civic Centre, the headquarters […]

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