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Union Bank of India

18417 employees

Union Bank of India is one of the leading public sector banks of the country. The Bank is a listed entity, and the Government of India holds 74.76 percent in Bank’s total paid-up capital. The Bank, having its headquarters at Mumbai (India), was registered on November 11, 1919 as a limited company. On 1st April 2020, Andhra Bank and Corporation Bank were amalgamated into Union Bank of India. Our Bank has a network of 8,400+ domestic branches, 9,300+ ATMs, 74,500+ employees and 19,500+ Business Correspondents . The Bank has expanded its presence across all States and Union Territories. The Bank’s total business as of 30th June 2024 stood at ₹ 21,36,405 crore, comprising ₹ 12,24,191 crore of deposits and ₹ 9,12,214 crore of advances. The Bank also has 2 overseas branches at Dubai International Financial Centre (UAE) & Sydney (Australia); 1 banking subsidiary at London (UK); 1 banking joint venture in Malaysia; 4 para-banking subsidiaries (domestic); 2 joint ventures and 1 associate - Chaitanya Godavari Gramin Bank. Union Bank of India is the first large public sector bank in the country to have implemented 100% core banking solution. The Bank has received several awards and recognition for its prowess in technology, digital banking, financial inclusion, MSME and development of human resources. Do not share your Mobile Number, Account Details, Card details or any other Personal Detail publicly on social media. Avoid clicking unknown links or downloading APKs from emails or messages. Stay alert and cyber-safe

Investor insights

Funding rounds participated in

$504M sweet spot round size

Investor type

Public Company

Basic info

Industry

Banking

Sectors

Banking

Date founded

1911

Funding rounds raised

Total raised

$504M

from 1 investors over 1 rounds

U

Union Bank of India raised $504M on May 3, 2024

Investors: Dubai International Financial Centre (DIFC)

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