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Union Bank of India

Now, a lenders' takeover of DHFL just short of two regulatory nods

Finance

21 August, 2019

Now, a lenders' takeover of DHFL just short of two regulatory nods

All banks have consented to converting financially-troubled Dewan Housing Finance Corp. Ltd (DHFL)’s debt into equity, and...

Sensex drops 1% as state-run banks, drugmakers slump

Markets

13 May, 2019

Sensex drops 1% as state-run banks, drugmakers slump

Indian shares closed weaker for a ninth straight session on Monday, dragged by financial and pharmaceutical stocks, as concerns...

Bank of India invites bids for partial stake in insurance JV

Finance

05 April, 2019

Bank of India invites bids for partial stake in insurance JV

Public sector lender Bank of India has proposed to sell its 25.05% stake in joint venture Star Union Dai-ichi Life ......

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Credit reporting firm Equifax India set to see shareholding churn

Finance

22 February, 2019

Credit reporting firm Equifax India set to see shareholding churn

US-based consumer credit reporting firm Equifax Inc.’s Indian subsidiary is set to go through a churn in its shareholding...

Retired SC judge should monitor all IL&FS asset sale proceedings: NCLAT

Finance

11 January, 2019

Retired SC judge should monitor all IL&FS asset sale proceedings: NCLAT

The National Company Law Appellate Tribunal (NCLAT) on Friday recommended that all future proceedings pertaining to the transfer...

Japan's Dai-ichi Life picks up stake in Union Bank's mutual fund arm

Finance

17 May, 2018

Japan's Dai-ichi Life picks up stake in Union Bank's mutual fund arm

Japanese life insurance firm Dai-ichi Life Holdings has ventured into the asset management business in India by acquiring 39.62% stake ......

From diamond merchants to fish farmers, why is defrauding Indian banks so easy?

Finance

30 March, 2018

From diamond merchants to fish farmers, why is defrauding Indian banks so easy?

Are Indian bankers sloppy? Are they corrupt? Or is it just dumb luck that India’s banking sector is in the ......

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Indian Bank, Union Bank hire bankers to raise money from capital markets

Finance

14 September, 2017

Indian Bank, Union Bank hire bankers to raise money from capital markets

Listed public sector lenders Indian Bank and Union Bank of India Ltd have initiated the process of raising money from ......

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