Search results for 'Union Bank of India'

Govt Nods Polymer Banknote Trials for Rs 10 and Rs 20 Denominations

Govt Nods Polymer Banknote Trials for Rs 10 and Rs 20 Denominations

Rediff.com11 Aug 2026

The Indian government has approved the introduction of one billion polymer banknotes in Rs 10 and Rs 20 denominations for field trials, aiming to enhance durability. This move comes as the Finance Minister also addressed Parliament on declining retail inflation, GST reforms, and other fiscal measures taken to support the economy and household consumption.

Caste, Covid jab: What citizens have to answer in Census 2027

Caste, Covid jab: What citizens have to answer in Census 2027

Rediff.com14 Aug 2026

The Centre has notified 40 questions for the upcoming Census 2027, including caste and place of Covid vaccination, marking the first time caste details will be collected as part of the decadal exercise. The population enumeration will be a fully digital process, with an option for self-enumeration.

Why Messi's Kerala Visit Never Happened: Report Submitted To Govt

Why Messi's Kerala Visit Never Happened: Report Submitted To Govt

Rediff.com11 Aug 2026

The Kerala Sports Department has submitted its confidential inquiry report regarding the controversy surrounding the proposed visit of football legend Lionel Messi and the Argentina team to the state during the previous government's tenure.

SC seeks Centre's report on implementation of NEET reforms

SC seeks Centre's report on implementation of NEET reforms

Rediff.com19 Aug 2026

The Supreme Court has directed the Centre to submit an affidavit detailing the steps taken to implement the recommendations of the Radhakrishnan panel and the Nandan Nilekani committee for institutionalising reforms in the National Testing Agency (NTA) and improving NEET exam processes.

Geopolitics, Earnings, Crude Prices Key to Indian Market Movement

Geopolitics, Earnings, Crude Prices Key to Indian Market Movement

Rediff.com13 Jul 2026

Analysts predict that the US-Iran geopolitical conflict, upcoming quarterly earnings announcements, and fluctuations in crude oil prices will be the primary drivers of investor sentiment in the Indian equity markets.

Census 2027: What personal details will you have to disclose?

Census 2027: What personal details will you have to disclose?

Rediff.com15 Aug 2026

In addition to caste details, the Census will, for the first time, collect personal information such as the total number of bank accounts held by individuals, along with their mobile number, Aadhaar number, voter ID number, passport number and driving licence status, according to the 40 questions notified by the Registrar General of India on Friday.

Why RBI Asked EPFO To Upgrade Its Investment System

Why RBI Asked EPFO To Upgrade Its Investment System

Rediff.com30 Jul 2026

India's largest retirement fund manager, the Employees' Provident Fund Organisation (EPFO), is enhancing its investment governance and fund management practices, following the Reserve Bank of India's recommendations.

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

Rediff.com29 Jul 2026

India's public sector banks (PSBs) have seen their net profit nearly treble over the past five years, reaching a record Rs 1.98 trillion in FY26, driven by significant improvements in asset quality and sustained lending growth across key economic sectors.

What Went Wrong At Tata Sons After Ratan Tata?

What Went Wrong At Tata Sons After Ratan Tata?

Rediff.com13 Aug 2026

Chandrasekaran's exit is more than a change of chairman. It represents the breakdown of the informal consensus that governed the Tata system under Ratan Tata.

US Payment Giant Zelle Expands To India

US Payment Giant Zelle Expands To India

Rediff.com12 Jun 2026

Zelle, a major US peer-to-peer payment service, is set to launch in India by the end of this year, marking its first international expansion. The move aims to tap into India's large remittance market, offering a service similar to UPI but integrated with bank apps. Zelle also introduced ZelleUSD, a stablecoin for future global payment capabilities.

Why Anil Ambani's Son is Being Questioned in 228 Crore Fraud Case

Why Anil Ambani's Son is Being Questioned in 228 Crore Fraud Case

Rediff.com13 Mar 2026

Jai Anmol Ambani, son of Anil Ambani, was questioned by the CBI in connection with a 228-crore fraud case involving Union Bank of India. He is expected to be questioned again.

What you need to know about new Anti-Paper Leak Amendment Bill

What you need to know about new Anti-Paper Leak Amendment Bill

Rediff.com29 Jul 2026

The Public Examination (Prevention of Unfair Means) Amendment Bill, 2026, passed by the Lok Sabha, introduces significantly stricter punishments for individuals and organised groups involved in paper leaks and other unfair means in public examinations. The legislation aims to enhance the integrity of exams conducted by various central government agencies.

Union Bank launches solution

Union Bank launches solution

Rediff.com17 Feb 2003

Union Bank of India launched core banking solution for anywhere banking, interconnecting its twelve branches across centres in Mumbai, Delhi and Bangalore.

'Crisis In The Economy Started Last Year'

'Crisis In The Economy Started Last Year'

Rediff.com15 Aug 2026

'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'

'Methyl Isocyanate of law': SC flags AI-hallucinated judgments

'Methyl Isocyanate of law': SC flags AI-hallucinated judgments

Rediff.com2 Jul 2026

The Supreme Court of India has issued a strong warning against the use of "non-existent, fake, and hallucinated" judgements generated by artificial intelligence (AI), likening it to "the release of methyl Isocyanate in the province of law and justice: invisible, insidious, and catastrophic." The court set aside an NCLT verdict that relied on such AI-generated precedents.

Stricter punishment, speedy probe as anti-paper leak law kicks in

Stricter punishment, speedy probe as anti-paper leak law kicks in

Rediff.com1 Aug 2026

President Droupadi Murmu has given her assent to the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, which introduces fast-track courts and significantly enhances punishment for those involved in public examination question paper leaks.

Union Bank of India eyes investment banking

Union Bank of India eyes investment banking

Rediff.com5 Aug 2008

Union Bank of India , a mid-sized state-owned lender, has plans to expand into investment banking to tap a growing global market in which increasingly aggressive Indian companies are acquiring foreign rivals.

Sheikh Abdullah's Ouster Began J&K's Long Road To 2019

Sheikh Abdullah's Ouster Began J&K's Long Road To 2019

Rediff.com10 Aug 2026

Sheikh Mohammad Abdullah's dismissal and arrest on August 9, 1953 marked a decisive shift in the Centre-J&K power equation. Seven decades later, the erosion of the state's special constitutional position culminated in the August 5, 2019 changes, notes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.

How Landeed's Rs 30 Crore Investment Will Transform Property Due Diligence

How Landeed's Rs 30 Crore Investment Will Transform Property Due Diligence

Rediff.com7 Jul 2026

Real estate startup Landeed plans to invest Rs 30 crore this fiscal year to expand its business, focusing on enhancing its AI-powered property title search engine, Terra. This investment will boost GPU infrastructure, develop specialised language models, and improve Indic OCR for Indian property records, aiming to streamline property due diligence across 26 states and 4 union territories.

Top Maoist leader Misir Besra with Rs 2.2 cr bounty captured in Jharkhand

Top Maoist leader Misir Besra with Rs 2.2 cr bounty captured in Jharkhand

Rediff.com29 Jul 2026

Misir Besra, a banned CPI (Maoist) politburo member with a bounty of over Rs 1 crore and wanted in 141 cases, has been arrested from Jharkhand's Dhanbad district. His arrest is considered a significant achievement in anti-Maoist operations in the state.

'Only one Shiv Sena exists': Shah's dig at Uddhav

'Only one Shiv Sena exists': Shah's dig at Uddhav

Rediff.com20 Jun 2026

Union Home Minister Amit Shah criticised Shiv Sena (UBT) chief Uddhav Thackeray, accusing him of aligning with Congress to use infiltrators as a vote bank. Shah asserted that India is not a "dharmashala" and vowed to expel all infiltrators. He also commented on the impending split within the Sena (UBT), stating that Eknath Shinde now leads the only true Shiv Sena.

Bill to expedite paper leak trials to be tabled in Parliament

Bill to expedite paper leak trials to be tabled in Parliament

Rediff.com25 Jul 2026

India is set to introduce a new amendment to its anti-paper leak law in the Lok Sabha, aiming to establish fast-track courts across all states and union territories for swift trials and significantly harsher penalties for exam malpractices, including jail terms of 5 to 10 years and fines up to Rs 50 lakh for individuals, and up to Rs 10 crore for organised crimes.

Parliament clears tougher anti-paper leak law amid Oppn walkout

Parliament clears tougher anti-paper leak law amid Oppn walkout

Rediff.com31 Jul 2026

Parliament on Thursday passed a bill to amend the anti-paper leak law to introduce stricter punishments, with the government expressing its commitment to go the extra mile to safeguard the interests of students, who are the country's future.

Private Banks Face CEO Talent Crunch

Private Banks Face CEO Talent Crunch

Rediff.com30 Mar 2026

What is the reason behind this drying up of talent for the top post in private banks?

Someone Else Owns India's Off Switch

Someone Else Owns India's Off Switch

Rediff.com17 Jun 2026

A sovereign cloud, our own DNS root and Root CA, a defence-led research base that builds for keeps, and a real national cybersecurity strategy that outlives electoral cycles are not vanity projects. They are the difference between a nation that can be switched off and one that cannot, points out Venkata Satish Guttula.

Khamenei Funeral Signals Shift In India-Iran Relations

Khamenei Funeral Signals Shift In India-Iran Relations

Rediff.com6 Jul 2026

It is an unusual choice to depute a retired general for the funeral of a revered religious figure but a thoughtful one in an attempt to inject verve into the bilateral relationship and restore the equilibrium in India's West Asian policies, notes Ambassador M K Bhadrakumar.

Outrage As Odisha Bank Asks Man To Produce Sister's Skeleton

Outrage As Odisha Bank Asks Man To Produce Sister's Skeleton

Rediff.com28 Apr 2026

A tribal man in Odisha was forced to carry his sister's exhumed skeleton to a bank to withdraw her money, sparking widespread condemnation. The bank claims it only requested valid documents, but the incident has raised questions about the treatment of vulnerable customers.

Trade union strike sees mixed response; normal life unaffected

Trade union strike sees mixed response; normal life unaffected

Rediff.com12 Feb 2026

A nationwide strike called by central trade unions saw a mixed response across India, impacting various sectors and states differently, with some areas experiencing disruptions while others remained largely unaffected.

India can return to over 7% growth path in FY28: CEA

India can return to over 7% growth path in FY28: CEA

Rediff.com6 Jun 2026

Chief Economic Advisor V Anantha Nageswaran stated that India's economy is projected to return to a 7 per cent-plus growth trajectory by 2027-28 (FY28), or sooner if external conditions improve, despite near-term challenges from the West Asia crisis.

Union Bank plans overseas arms

Union Bank plans overseas arms

Rediff.com14 Jun 2006

Coming out of its self-imposed shell, Union Bank of India, the fifth largest public sector bank in the country, is moving forward to opening branches overseas. The bank has over 2,000 branches across India, but no branch overseas.

Union Bank to empower hawkers

Union Bank to empower hawkers

Rediff.com17 Aug 2007

Union Bank of India will bring banking services to the doorsteps of over 2.5 lakh hawkers in Mumbai by partnering with their association and FINO Fintec, a micro finance institution.

12 iconic Indian landmarks to host International Yoga Day 2026 celebrations

12 iconic Indian landmarks to host International Yoga Day 2026 celebrations

Rediff.com15 Jun 2026

India will celebrate International Day of Yoga (IDY) 2026 at 12 iconic landmarks across the country, including the Red Fort, Hampi, and Konark Sun Temple, with the main event led by Prime Minister Narendra Modi in Kolkata.

Over 20 lakh aspirants take NEET re-test in India, abroad amid tight security

Over 20 lakh aspirants take NEET re-test in India, abroad amid tight security

Rediff.com21 Jun 2026

The NEET-UG re-exam was held at centres across the country and overseas on Sunday amid tight security arrangements for the smooth conduct of the examination.

Union Bank, New India Assurance sign pact

Union Bank, New India Assurance sign pact

Rediff.com6 Feb 2003

Union Bank of India inked an agreement with The New India Assurance Co to market its non life insurance products in its quest to become a single point provider of financial service to its customers.

Union Bank hikes deposit rates

Union Bank hikes deposit rates

Rediff.com2 Dec 2004

Union Bank of India has revised the interest rates upwards by 25-50 basis points on domestic deposits for different maturity periods with effect from December 1, 2004.

Union Bank cuts BPLR by 0.50%

Union Bank cuts BPLR by 0.50%

Rediff.com5 Mar 2009

Union Bank of India on Thursday slashed its benchmark prime lending rate (BPLR) by 0.50 per cent to 12 per cent per annum, a day after RBI cut key rate by similar percentage points.

Why FPI Selling Hasn't Hurt Markets

Why FPI Selling Hasn't Hurt Markets

Rediff.com13 Jul 2026

Foreign investors have largely been exiting one part of the market while domestic investors have been enthusiastically accumulating another, points out Debashis Basu.

Privatisation push loses steam as IDBI Bank stake sale scrapped

Privatisation push loses steam as IDBI Bank stake sale scrapped

Rediff.com23 Mar 2026

India's privatisation push, once projected as a cornerstone of economic reform, has suffered another setback, with the Centre set to call off the IDBI Bank stake sale, highlighting the political and structural constraints shaping the country's disinvestment policy, experts say.

Karnataka Minister Nagendra Faces Charges In Funds Diversion Case

Karnataka Minister Nagendra Faces Charges In Funds Diversion Case

Rediff.com2 Jun 2026

The CBI has filed three chargesheets against former Karnataka minister B Nagendra and his associate Nekkanti Nagaraj for allegedly diverting Rs 89 crore in state government funds intended for Scheduled Tribes.