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EC letter to RBI, TMC for drafts of Rs 1.33 cr

The Election Commission has asked the Reserve Bank of India to inquire into the conduct of Allahabad Bank and United Bank of India which made drafts of Rs 1.33 crore for Trinamool Congress in......

RBI may soon allow interoperability of Post payment bank ATMs

India Post, the world's largest mail delivery network, is carving out a separate vertical to manage banking services, a move that will help it win RBI nod for interoperability of its ATMs with......

CBI quizzes top Kingfisher, UB officials for the 2nd day

A consortium of banks led by State Bank of India wants to liquidate Mallya's assets to recover the loans.  Image: Prosecute Vijay Mallya for not paying taxes and clearing their dues, say......

As Rajan tightens screws, banks can still disguise bad debts

A tool provided by the Reserve Bank of India (RBI) to help lenders tackle bad debts is instead helping to camouflage the scale of the problem, evidence of how the country's banks will struggle to......

Central Bank tops list of highest NPAs among PSU banks

Central Bank of India has topped the list of public sector banks with maximum bad loans including restructured assets as a percentage of total advances. According to the data provided by the......

Bankers resort to 'Gandhigiri' to recover dues from wilful defaulters

United Bank of India and Andhra Bank employees start organising silent protests outside houses and work places of defaulters. Bankers are resorting to 'Gandhigiri' – made famous by Rajkumar......
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United Bank of India climbs higher after cutting deposit rates

United Bank of India rose 1.35% at Rs 18.75 at 10:15 IST on BSE after the bank said that it has revised downwards the 1 year domestic deposit rates... ...

http://www.business-standard.com/article/news-cm/united-bank-of-india-climbs-higher-after-cutting-deposit-rates-117081700248_1.html
UBI posts Rs 211.46 crore net loss in Q1

State-run lender United Bank of India (UBI) on Friday reported a net loss of Rs 211.46 crore in the quarter ended June 30, 2017 as compared to a... ...

http://www.prokerala.com/news/articles/a764517.html
United Bank of India announces board meeting date

On 12 August 2017 ...

http://www.business-standard.com/article/news-cm/united-bank-of-india-announces-board-meeting-date-117080400224_1.html
As loan books of PSBs shrink, bank credit growth at 20-year low

12 out of 21 public sector banks reported declines in their loan books in the last financial year against seven such banks in 2015-16 and none in... ...

http://www.rediff.com/money/report/bank-credit-growth-hits-20-year-low/20170802.htm
CAG raps govt-owned banks for understating non-performing assets

The Comptroller and Auditor General of India (CAG) has slammed the managements and statutory auditors of 12 public sector banks (PSBs) for... ...

http://www.business-standard.com/article/finance/cag-raps-govt-owned-banks-for-understating-non-performing-assets-117072801565_1.html

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