Punjab National Bank
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United Bank of India ( UBI) was an Indian nationalized bank which provided financial and banking services. Established in 1950 and headquartered in Kolkata, the bank was nationalised by the government of India in 1969 becoming one of public sector banks in the country.
Apr 1, 2020 · New Delhi: Today (April 1) was a crucial day for customers of United Bank of India and Oriental Bank of Commerce as both the banks have been merged with Punjab National Bank in a massive amalgamation. All nation-wide branches of UBI and OBC have now started functioning as the state-owned Punjab National bank branches.
Feb 7, 2020 · The Centre will announce the new name and logo of the merged entity of UBI, PNB and OBC, which will be the second largest bank in India. The merger will be operational from April 1, 2020 and the staff strength will be one lakh.
Aug 30, 2019 · Finance Minister Nirmala Sitharaman announced a mega consolidation drive, including the merger of Oriental Bank of Commerce and United Bank with Punjab National Bank. The combined entity will become the second-largest public sector bank in India, with a business of Rs 17.95 lakh crore and 11,437 branches.
Learn about United Bank of India, a commercial bank founded in 1950 and based in Kolkata. Find out its industry rank, CEO, employees, services, and latest news from Forbes.
On October 12, 1950, the name of Bengal Central Bank Limited (established in 1918 as Bengal Central Loan Company Limited) was changed to United Bank of India Limited for the purpose of amalgamation and on December 18, 1950, Comilla Banking Corporation Limited (established in 1914), the Comilla Union Bank Limited (established in 1922), the ...
United Bank of India [Amalgamated] Annual Reports: Review of financial performance, strategy, and achievements.
