Company Union Bank of India

UNIONBANK

INE692A01016

Banks

Market Closed - NSE India S.E. Other stock markets 05:19:42 17/07/2025 pm IST			5-day change	1st Jan Change
146.31 ^INR	-1.37%		+1.19%	+21.55%

09/07	Indian Stocks Dip Over Trump's Announcement of Copper Tariffs	MT
08/07	Union Bank of India domestic retail advances grew by 25.6% y/y as of June 30	RE

Business description: Union Bank of India

Union Bank of India Limited is an India-based banking company. The Companyâs segments include Treasury Operations, Corporate and Wholesale Banking and Other Banking Operations. The Company offers products in three categories, including personal, corporate loans and international. Its personal products include accounts and deposits, loans, which includes retail, micro, small and medium enterprises (MSME), wealth management, financial schemes and lockers/other services. Its corporate loans include trade finance, working capital, line of credit, project financing, and channel finance. Its international services include non-resident Indian speedy and easy remittances, Internet Banking, international debit/credit cards, home loans, special deposit schemes, and an online donation facility. It provides digital services, such as app banking, Internet banking, automated teller machine banking, self-service banking and immediate payment service (IMPS). It also provides foreign currency loans.

Number of employees: 73,945

Sales by Activity: Union Bank of India

Fiscal Period: March	2021	2022	2023	2024	2025
Corporate / Wholesale Banking	27TCr	26TCr	36TCr	42TCr	46TCr
Retail Banking Operations - Non Digital Banking Operations	-	-	31TCr	38TCr	44TCr
Other Banking Operations	1.37TCr	1.4TCr	1.98TCr	2.6TCr	2.46TCr
Retail Banking Operations - Digital Banking Operations	-	-	569.38Cr	985.02Cr	963.55Cr
Retail Banking Operations	25TCr	26TCr	-	-	-
Treasury Operations	27TCr	27TCr	26TCr	32TCr	33TCr
Unallocated	3.24TCr	1.69TCr	2.2TCr	3.39TCr	3.55TCr
Inter-Segment Revenue	-142.54Cr	-122.7Cr	-562.86Cr	-974.37Cr	-

See all business segments

Geographical breakdown of sales: Union Bank of India

Fiscal Period: March	2021	2022	2023	2024	2025
India	22TCr	25TCr	36TCr	48TCr	51TCr

See all geographic segments

Executive Committee: Union Bank of India

Manager	Title	Age	Since
Avinash Vasant Prabhu DFI	Director of Finance/CFO	-	20/11/2023
Prafulla Kumar Samal DFI	Director of Finance/CFO	-	28/05/2020
Kumar Vikash CTO	Chief Tech/Sci/R&D Officer	-	-
Mangesh Mandrekar CMP	Compliance Officer	-	22/11/2024
A. K. Vinod CMP	Compliance Officer	54	01/06/2021

See UNION BANK OF INDIA governance

Composition of the Board of Directors: Union Bank of India

Director	Title	Age	Since
Nitesh Ranjan BRD	Director/Board Member	48	10/03/2021
Priti Jay Rao BRD	Director/Board Member	63	29/07/2021
Sameer Shukla BRD	Director/Board Member	-	08/11/2021
Arun Kumar Singh BRD	Director/Board Member	59	26/04/2019
Varadarajan Srinivasan CHM	Chairman	-	07/11/2022
S. Ramasubramanian BRD	Director/Board Member	-	21/11/2022
Prakash Baliarsingh BRD	Director/Board Member	-	14/07/2023
Rudra Sanjay BRD	Director/Board Member	58	09/10/2023
Prakash Chandra Kandpal BRD	Director/Board Member	-	27/07/2024
Suraj Srivastava BRD	Director/Board Member	49	21/12/2021

Composition of the Board of Directors

Shareholders: Union Bank of India

Name	Equities	%	Valuation
Government of India 74.76 %	5,70,66,60,850	74.76 %	10 214 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt) 1.338 %	10,21,57,007	1.338 %	183 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt) 0.8111 %	6,19,12,558	0.8111 %	111 M ₹
HDFC Life Insurance Co. Ltd. (Investment Portfolio) 0.327 %	2,49,65,408	0.327 %	45 M ₹
Kotak Mahindra Asset Management Co. Ltd. 0.2542 %	1,94,03,366	0.2542 %	35 M ₹

List of UNION BANK OF INDIA shareholders

Holdings: Union Bank of India

Name	Equities	%	Valuation
GTL INFRASTRUCTURE LIMITED 12.07%	1,54,62,71,529	12.07%	3,26,41,792 $
JAIN IRRIGATION SYSTEMS LIMITED 1.3%	87,51,968	1.3%	59,17,993 $

Company details: Union Bank of India

Union Bank of India

Union Bank Bhavan 239, Vidhan Bhavan Marg

400021, Mumbai

+91 22 2289 6636

http://www.unionbankofindia.co.in

Group companies: Union Bank of India

Name	Category and Sector
Union Bank of India (UK) Ltd. Union Bank of India (UK) Ltd. Major BanksFinance Union Bank of India (UK) Ltd. is a British banking company that offers personal and business banking services, including current accounts, savings accounts, and term deposits. The company is based in London, UK. The company provides guaranteed interest rates for savings accounts and term deposits. Union Bank of India (UK is a subsidiary of Union Bank of India and ultimately controlled by the Government of India. The company was founded in 1919. The CEO is Viswesvaran Radhakrishnan.	Major Banks
Ubi Services Ltd.

Name

Category and Sector

Major Banks

Ubi Services Ltd.

See all subsidiaries

Other Banks

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
UNION BANK OF INDIA	-1.37%	+1.19%	+4.77%	+300.85%	1.32TCr
M&T BANK CORPORATION	+0.36%	-5.66%	+16.91%	+21.86%	30,13600Cr
JPMORGAN CHASE & CO.	+0.66%	-0.24%	+32.56%	+157.17%	79TCr
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	-1.29%	+0.66%	+40.50%	+53.12%	36TCr
BANK OF AMERICA CORPORATION	+0.84%	-1.58%	+5.12%	+43.30%	34TCr
CHINA CONSTRUCTION BANK CORPORATION	-0.95%	+1.09%	+51.92%	+69.59%	29TCr
WELLS FARGO & COMPANY	+0.28%	-2.74%	+31.51%	+94.48%	26TCr
BANK OF CHINA LIMITED	-1.28%	-0.22%	+33.33%	+72.49%	24TCr
HSBC HOLDINGS PLC	+1.74%	+1.57%	+40.15%	+79.76%	21TCr
COMMONWEALTH BANK OF AUSTRALIA	+1.82%	+1.06%	+36.51%	+93.85%	19TCr
Average	+0.05%	+0.24%	+29.33%	+98.65%	3,28300Cr
Weighted average by Cap.	+0.17%	-1.58%	+18.23%	+27.94%