IS:UNIONBANK Union Bank of India

Union Bank of India provides various banking and financial services. It operates in four segments: Treasury Operations, Corporate and Wholesale Banking, Retail Banking Operations, and Other Banking Operations. The company offers savings, salary, and current accounts; recurring and fixed deposits; and demat and online trading accounts. It also provides retail loans, including home, vehicle, personal, and education loans; loans against property; and loans for senior citizens, medical practitioners, pensioners, and salaried individuals. In addition, the company offers online bill and tax payment services; national electronic funds transfer, real time gross settlement, ATM, and remittance services; director general of foreign trade payment services; Internet, mobile, and SMS banking services; debit, credit, gift, payroll, and prepaid cards; insurance and investment services, such as mutual funds, life and general insurances, and tax savings deposits; and cheque collection and safe deposit box services. Further, it provides NRI deposit, loan, remittance, and investment services; export and import financing, remittance, online payment, ECGC cover, and treasury services; micro, small, and medium enterprises banking services comprising credit, scheme, channel financing, and contact point services; and products and services for agricultural/SSI/tertiary sectors. Additionally, the company offers corporate banking services that include trade, working capital, infrastructure, project, and channel financing; lines of credit; rent schemes; term loans; and debt structuring/restructuring, loan syndication, structured finance, mergers and acquisition, and private equity services, as well as direct and indirect tax, pension and government deposit scheme, government bond, and cash management services. It operates 4278 branches in India; 4 branches and 3 representative offices in internationally; and 7518 ATMs. The company was founded in 1919 and is headquartered in Mumbai, India.

75.05 INR
As of 01/30/2023

Security Information
Category1:  Global Equity
Category2:  Common stocks
Category3:  Emerging markets
GICS sector:  Financials
Industry:  Banks-Regional
Index country:  India
Country of incorporation:  India
IPO date:  09/24/2002
Stock exchange:    National Stock Exchange O
Exchange country:   India
Market cap:   246,392,733,696 INR
Current dividend yield:   5.35%
Sedol:      6579634

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