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About 1220 results for "state bank of india and united bank o..."

UBI asset clean-up strategy
The Telegraph

UBI asset clean-up strategy

State-run United Bank of India (UBI) will continue with its loan recovery initiative as it aims to bring down its gross non-performing assets (NPAs) to below 10 per cent by the quarter ended June. Managing director and chief executive officer P. Srinivas said ... The Telegraph, 1 day ago
NDTV Profit

United Bank surges 9% on easing lending restrictions by RBI

I Fifteen months after imposing lending restrictions on United Bank of India for high NPAs, Reserve Bank has relaxed the rules subject to certain conditions, the state-run lender said yesterday. "The RBI has relaxed the Prompt Corrective Action ...
 Moneycontrol.com5 days ago RBI eases lending restrictions on United Bank  Business Standard5 days ago

United Bank of India faces higher payout on Rs 200 crore bond issue

MUMBAI/KOLKATA: Bad loan-ridden United Bank of India ( UBI) has returned to the capital market after the government said it will infuse capital in staterun banks only on the basis of their performance. The Kolkata-based lender is planning to raise ...
 Economic Times1 week ago United Bank proposes Rs 1,000 crore preferential issue  Economic Times1 month ago

United Bank climbs 4% after RBI lifts lending curbs

United Bank of India, a state-owned lender, witnessed a rise in share price on Thursday after after the Reserve Bank of India (RBI) eased some lending restrictions put on the lender. Shares of the bank are trading at Rs 28.05, up Rs 1.1, or 4.08% ...
 MyIris5 days ago

HDFC Bank's India offer oversubscribed, seen encouraging other sales

HDFC Bank's $324 million share offering in India was more than 4 times oversubscribed, according to bankers and investors, a strong reception that is expected to encourage a rush of domestic equity sales from other companies. The private sector bank launched ...
 The Financial Chronicle1 month ago HDFC Bank launches share offer in US, India to raise up to $1.6 bn  First Post.com1 month ago HDFC Bank sets Rs 1,057-1,067 price range for offering  Economic Times1 month ago HDFC Bank launches US and Indian share offers to raise up to $1.6 bln  Business Standard1 month ago

Rajan springs a surprise with 25bps repo rate cut

The Reserve Bank of India on Wednesday unexpectedly announced a 25 basis point repo rate cut, giving a thumbs up to the Union budget’s fiscal initiatives aimed at reviving economic growth. The repo rate now stands at 7.5 per cent. The repo rate is the rate ...
 The Financial Chronicle3 weeks ago Home, auto loans will be cheaper  Rediff.com2 months ago United Bank cuts lending rate by 0.25 pc  Business Standard2 months ago Home, auto loans to be cheaper as RBI cuts repo rate  Deccan Herald2 months ago

UBI cuts lending rate

Soon after the RBI announced the rate cut, Union Bank of India (UBI) on Thursday cut lending and deposit rates by up to 50 basis points or 0.50 per cent. UBI is the second state-owned bank to announce rate cut after the Kolkata-based United Bank of India. The ...
 Asian Age2 months ago Union Bank cuts lending, deposit rates by up to 0.50 percent  Jagran Post2 months ago

UBI lowers minimum lending rate to 10 percent

Following the Reserve Bank of India's (RBI) move to cut the repo rate by 25 basis points to 7.75 percent, state-owned United Bank of India (UBI) followed suit announcing reduction of the minimum lending rate by 0.25 percent."It has been decided by the asset ...
 Prokerala2 months ago

UBI silent march on NPAs

The top management and employees of the state-owned United Bank of India (UBI) would take out a silent march in the city tomorrow to create awareness about the rising levels of NPAs in the banking system. The march would start at eight in the ...
 Business Standard1 week ago

SBI to dilute stake in general insurance unit to 51%

State Bank of India (SBI) said Thursday the bank has decided to initiate the necessary action as per JV agreement for dilution of SBI's stake in SBI General Insurance from 76% to 51% with corresponding increase of stake of IAG from 26% to 49%, ...
 MyIris5 days ago SBI in focus after board approves stake sale in insurance unit  Business Standard5 hours ago SBI turns volatile after board OK's stake sale in insurance unit  Business Standard6 hours ago SBI in focus after board OKs stake sale in insurance unit  Business Standard7 hours ago
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