Union Bank of India (UNIONBANK.BO)

147.50 +1.30 (+0.89%) At close: 03:29PM 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: 

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. Nitesh Ranjan	Executive Director of Tech, Innovation, Strategy, Accounts & Compliance and Executive Director	N/A	N/A	1977
Mr. Avinash Vasant Prabhu C.A.	Chief Financial Officer	N/A	N/A	1969
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
Mr. Girija Bhusan Mishra	GM and Head of SSD & Corporate Communication	N/A	N/A	N/A
Mr. Sangram Keshari Mohapatra	Chief GM and Head of Credit Monitoring & Credit Compliance	N/A	N/A	N/A
Dhirendra Jain	GM & Head of FIG-Large Corporate	N/A	N/A	N/A
Mr. S.V.S. Sundara Prasad	Chief GM and Agriculture & Financial Inclusion	N/A	N/A	N/A

Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes 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 and recurring deposits; and demat and online trading accounts. It also provides home, vehicle, education, personal, agriculture, and gold loans; loans against the property; and loans for pensioners, as well as products and loans for micro, small, and medium enterprises. In addition, the company offers mutual funds; life, non-life, health, and general insurance products; tax saving deposits; government saving schemes, tax collection services, pension products, and departmentalized ministries accounts; short term, long term, and other credit for agricultural/SSI/tertiary sectors; and safe deposit locker and cheque collection services. Further, it provides corporate loans, that includes line of credit, trade finance, working capital, project financing, and channel finance; debt structuring/restructuring, loan syndication, structured finance, mergers and acquisition advisory, and private equity 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. Additionally, the company offers app, internet, self-service, ATM, and SMS banking services; point of sale terminal and immediate payment services; and combo, debit, credit, gift, prepaid, 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 10 indicates higher governance risk.