EXPLAINED: Union bank - The Real Truth

RBI seen starting rate-hike cycle, repo could rise to 6% by FY27-end: Reports

The Reserve Bank of India is likely to increase the repo rate to combat rising inflation and support stronger growth. Reports indicate that a rate-hike cycle of 75 basis points is anticipated, potentially reaching 6 percent by FY27. While inflation drives this tightening, geopolitical factors could impact the extent of…

The Economic Times · 20h ago

Subhash Chandra's dissenting lenders Canara Bank, Union Bank move NCLAT against NCLT order

Dissenting lenders have challenged the NCLT order approving Subhash Chandra's personal insolvency plan. The Essel Group chairman's plan proposes a Rs 6.5 crore payment against creditor claims. Lenders argued that five entities linked to Chandra's family improperly influenced the voting process. The NCLT approved the plan after a third member…

The Economic Times · Aug 31

Stocks in news: Groww, Delhivery, Infosys, Wipro, IDBI Bank, Tata Elxsi

Markets traded under pressure amid renewed geopolitical concerns on Tuesday. Several companies like Groww and Infosys will be in focus today. Anand Rathi Share reported a significant profit rise for the June quarter. IDBI Bank clarified reports regarding a potential Fairfax Financial offer. Tata Elxsi announced an 18.2% profit increase…

The Economic Times · Jul 15

Breach of security measures: ACP placed under suspension in Kozhikode

Assistant Commissioner of Police (District Crime Records Bureau) T.P. Sreejith was placed under suspension following an internal investigation into a recent complaint that he reportedly overlooked security measures during the transportation of ₹750 crore from the Union Bank’s currency chest at Mankavu to Hyderabad by road.

The Hindu · Jan 13, 2024

Regulators approve U.S. Bank's $8B purchase of Union Bank

Key financial regulators having approved U.S. Bank’s $8 billion acquisition of Japanese financial titan MUFG’s Union Bank franchise

The Independent UK · Oct 14, 2022

Union Bank of India opens ethical hacking lab

Hyderabad

The Hindu · Sep 23, 2022

The streets that were once some of Liverpool’s wealthiest

Liverpool’s former banking and financial centre has gradually turned into thriving hub of nightlife

Liverpool Echo · Apr 16, 2022

Explained: What realtor Supertech's bankruptcy means for its home buyers

NEW DELHI: Realtor Supertech, which has undertaken several projects in Noida, Gurugram, Ghaziabad, and Greater Noida, was declared bankrupt on Friday by the National Company Law Tribunal (NCLT) for defaulting on payment of Rs 431 crore to a consortium of banks. The move could have a bearing on 11,000 home…

The Times of India · Mar 28, 2022