CBI arrests DHFL Director Dheeraj Wadhawan in Rs 34,000 cr bank fraud case

Mumbai: The CBI has arrested former DHFL Director Dheeraj Wadhawan for allegedly defrauding a 17-member bank consortium of Rs 34,000 crore, media reported, citing officials.

Union Bank of India Q3FY24 net profit jumps 60% YoY to Rs 3,589; NII stands at Rs 9,168 cr

Mumbai: The state-run Union Bank of India Saturday declared a 60 percent increase in its standalone net profit, reaching Rs 3,589.91 crore for the third fiscal quarter.

Union Bank Q2FY24 soars 90% YoY to Rs 3,511 cr; NII stands at Rs 9,126 cr

Mumbai: Public sector lender Union Bank recorded a net profit of Rs 3,511 crore in the quarter ending September of FY24, surging 90 percent compared to the Rs 1,848 crore reported in the same period last year.

Union Bank Q3FY22: Net Profit jumps 49 pc YoY to Rs 1,085 cr

Public sector lender Union Bank reported a Net Profit of Rs 1,085 crore, up 49.29 percent in Q3FY22 compared to Rs 727 crore in the same quarter last year.

Union Bank slashes MCLR by upto 15 basis points across various tenors

Hyderabad/UNI: Union Bank of India has reduced Marginal Cost of Funds- based Lending Rate (MCLR) by upto 15 basis points across various tenors.

Union Bank becomes India’s fifth largest public sector bank

Hyderabad/UNI:  Union Bank of India, erstwhile 97-year-old Andhra Bank and erstwhile Corporation Bank were now one bank.