Union Bank of India (Hindi:यूनियन बैंक ऑफ इंडिया) (UBI) (BSE: 532477) is one of the largest government-owned banks of India (the government owns 60.13% of its share capital). It is listed on the Forbes 2000, and has assets of USD 13.45 billion. All the bank's branches have been networked with its 6909 ATMs as on 30.09.2015. Its online Telebanking facility are available to all its Core Banking Customers - individual as well as corporate. It has representative offices in Abu Dhabi, United Arab Emirates, Beijing, Peoples Republic of China, London, Shanghai, and Sydney, and branches in Hong Kong, Dubai (Dubai International Financial Centre) and Antwerp, Belgium. (No. of ATMs as on 30.09.2015. Branches all over India are 4117 as on 30.12.2015. (Rural - 1285, Semi Urban - 1219, Urban - 869, Metro - 744 branches).
The bank is in the process of upgrading its representative offices in London and Sydney to branches. UBI is active in promoting financial inclusion policy and is a member of the Alliance for Financial Inclusion (AFI).
Asahi News | 04 Nov 2021