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Home, auto loans to become cheaper as SBI, PNB, UBI slash lending rates

Top PSU lenders State Bank, Punjab National Bank and Union Bank on Sunday slashed their benchmark lending rates by up to 90 basis points, a day after Prime Minister Narendra Modi asked banks to......

PSU stocks better placed in current market meltdown

Among PSBs, the top gainers have been Union Bank of India and Corporation Bank, whose shares have rallied more than 15% each. Indian Bank and Bank of Baroda, too, registered a double-digit rise,......

Banks in no hurry to cut lending rates

SBI chairperson says transmission only after deposit rates come downThe Reserve Bank of India cut its key policy rate by 25 basis points and vowed to improve liquidity in the market but banks are......

Govt infuses Rs 13,955 cr capital into 8 PSU banks

Bank of India, Canara Bank, Dena Bank, Corporation Bank and Andhra Bank are among the lenders that received capital infusion from the government. Eight public sector banks, including SBI, Punjab......

Greece crisis to have no impact on us: UBI chief

Arun Tiwari (photographed below), chairman and managing director of Union Bank of India, says the worst is over so far as asset quality is concerned, as slippages are coming down and recoveries are......
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Bank stocks surge as FM promises solution to bad loans

Shares of public sector banks rose by up to 4.5 per cent today after Finance Minister Arun Jaitley promised a solution to the growing NPA problem... ...

http://www.business-standard.com/article/pti-stories/bank-stocks-surge-as-fm-promises-solution-to-bad-loans-117032400311_1.html
Outcome of board meeting

Relicab Cable M has availed of an Adhoc credit facility from Union Bank of India of Rs. 75 Lakhs. ...

http://www.moneycontrol.com/news/announcements/relicab-cable-m-outcomeboard-meeting_8670261.html
CBI books 3 employees of Union Bank for currency conversion

Three employees of Union Bank of India, Kanpur have been booked by the CBI for alleged cheating in the conversion of demonetised currency notes to... ...

http://www.dnaindia.com/india/report-cbi-books-3-employees-of-union-bank-for-currency-conversion-2352185
CVC

Inquiry into a large number of corruption cases has been pending with many government departments with the railways being at the top of the list.... ...

http://www.business-standard.com/article/pti-stories/govt-depts-sitting-on-graft-inquiries-railways-on-top-cvc-117031000726_1.html
UBI bank officials booked by CBI

Senior officials of Union Bank of India's Mumbai branch along with other private individuals were booked by the Central Bureau of Investigation... ...

http://www.dnaindia.com/india/report-ubi-bank-officials-booked-by-cbi-2345903

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