Union Bank of India (UNIONBANK.BO)

135.85 -0.30 (-0.22%) At close: 03:47PM IST

Union Bank of India

Union Bank Bhavan
239, Vidhan Bhavan Marg Nariman Point
Mumbai 400021
India
91 22 2289 6636
https://www.unionbankofindia.co.in

Sector(s): Financial Services
Industry: Banks - Regional
Full Time Employees: 75,866

Key Executives

Name	Title	Pay	Exercised	Year Born
Ms. Arumugam Manimekhalai	MD, CEO & Director	N/A	N/A	1966
Mr. S. Ramasubramanian	Executive Director	N/A	N/A	N/A
Mr. Anil Kuril	CTO & Executive Director	N/A	N/A	N/A
Ms. Ranjita Suresh	Assistant General Manager of Investor Relations	N/A	N/A	N/A

Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Union Bank of India provides various banking products and services. It operates through four segments: Treasury Operations, Retail Banking Operations, Corporate and Wholesale Banking, and Other Banking Operations. The company offers savings and current accounts; term deposits; home, vehicle, education, personal, agriculture, and gold loans; loans against the property; and loans for senior citizen and pensioners, as well as products and loans for micro, small, and medium enterprises. It also provides mutual funds; life, non-life, and health insurance products; demat and online trading services; tax saving deposits; government saving schemes; and safe deposit locker and cheque collection services. In addition, the company offers corporate loans, that includes export scheme, line of credit, trade finance, working capital, project financing, and channel finance; debt structuring/restructuring, loan syndication, and structured finance services; cash management, ECGC cover, and foreign exchange services, as well as derivatives; export and import finance services; NRI banking services; and treasury and other products, and remittance services. Further, it provides app, internet, self-service, ATM, and SMS banking services; point of sale terminal and immediate payment services; and debit, credit, gift, and payroll cards. The company was incorporated in 1919 and is headquartered in Mumbai, India.

Corporate Governance

Union Bank of India’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.