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Today Date : Saturday, June 22, 2024

Union bank of India celebrates 105th foundation day

Union bank of India celebrates 105th foundation day

Union bank of India (UBI) celebrated its 105th foundation day. A function to commemorate the occasion was organised at the Hindusthan College of Arts and Science College Coimbatore.

Shri Dasari Anjaneyulu , Dy General Manager and Regional Head ( Coimbatore Region ) Union Bank of India inaugurated the event. It was followed by the Virtual Address & New Product Launch by Ms A Manimekhalai MD & CEO Of the bank.

UBI with 8521 Branches& 10,013 ATMs, is the fifth largest PSB in terms of business volumes. The total business of it has crossed Rs 19.85 trillion in September 2023. It is a listed entity and the Government of India holds 76.99 percent in Banks total share capital. It has been in the forefront in the field of Corporate Social Responsibility through Village Knowledge Centres and farmers Clubs etc. Bank also has schemes for the girl child. Initiatives like provisioning drinking water for schools setting up bus shelters etc. The Bank has also taken up lot of digital initiatives to empower its customers with ease of doing business with the Bank. In the recent EASE rankings released by DFS, UBI has improved upon its performance under various parameters, which the Bank attributes to its highly motivated workforce coupled with cutting edge technology initiatives adopted.