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Friday, Sep 25, 2020
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United bank of india

Nov 18, 2019 21:15
The government in August had announced four major mergers of public sector banks, bringing down their total number to 12 from 27 in 2017, a move aimed at making state-owned lenders global sized banks. read more
Aug 30, 2019 17:14
The biggest of the four, will be the merger of Punjab National Bank with Oriental bank of Commerce and United Bank of India to create India’s second largest public sector bank with a business of 17.5 lakh crores read more
Mar 05, 2019 10:55
“The Reserve Bank of India (RBI)... has levied an aggregate penalty of Rs 10 million (Rs 1 crore) on the bank for non-compliance of regulatory directions observed during assessment of implementation of SWIFT-related operational controls,” Yes Bank said... read more
Oct 22, 2018 13:23
Prompt Corrective Action (PCA) ensures that future non-performing assets (NPAs) are not being created read more
Jun 26, 2018 18:22
Referring to the 11 state-owned banks under prompt corrective action framework (PCA), the RBI said they may experience worsening of their GNPA ratio from 21% in March 2018 to 22.3% by this fiscal-end. read more