by newsworm | Feb 14, 2025 | Banking, Canara Bank, Central Bank of India, State Bank of India, Union Bank of India
The Central Bureau of Investigation (CBI) has decided to investigate the role of senior officers from various banks, including State Bank of India, Union Bank of India, Canara Bank, Exim Bank, and Central Bank of India, in connection with a multi-crore rupee bank... by newsworm | Feb 13, 2025 | Banking, Union Bank of India
A group of farmers in Jalalabad blockaded the main gate of the Union Bank of India’s local branch in a protest, demanding the release of a payment owed to an elderly widow. The protest resulted in employees and customers being trapped inside the bank for several... by newsworm | Feb 13, 2025 | Bank of Baroda, Banking, Canara Bank, Indian Overseas Bank, Punjab National Bank, RBI, Union Bank of India
The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 6.25%, its first rate cut in almost two years. In response, several major banks, including Canara Bank, PNB, Union Bank of India, and Bank of Baroda, have cut their repo-linked lending... by newsworm | Feb 9, 2025 | Banking, RBI, Union Bank of India
The Union Bank of India has predicted that inflation for the fiscal year 2025-26 (FY25) could be lower than the Monetary Policy Committee’s (MPC) revised forecast of 4.4%. The bank estimates that the Consumer Price Index (CPI) inflation for Q4 FY25 could track... by newsworm | Feb 8, 2025 | Banking, Canara Bank, IDBI Bank, Karnataka Bank, RBI, Union Bank of India
In response to the Reserve Bank of India’s (RBI) decision to cut the repo rate by 25 basis points, several senior citizen-focused fixed deposit (FD) schemes are offering interest rates as high as 9.5%. The RBI’s move is expected to boost economic growth... by newsworm | Feb 8, 2025 | Banking, Union Bank of India
Union Bank of India’s Sahjanwa branch has undergone a major renovation and has now been re-launched with a focus on providing cutting-edge banking services to its customers. The revamped branch was inaugurated by Manish Pratap Singh, the Regional Head of Union...