Union Bank of India - All you need to know

Union Bank of India was registered on 11 November, 1919 as a limited company in Mumbai and was inaugurated by Mahatma Gandhi. In 2008, Union Bank of India became the first public sector bank to bring all its branches under the Core Banking Solution(CBS).

Vision:

To become the bank of first choice in our chosen areas by building beneficial and lasting relationships with customers through a process of continuous improvement.

Mission:

• To be a customer centric organisation known for its differentiated customer service
• To offer a comprehensive range of products to meet all financial needs of customers
• To be a top creator of shareholder wealth through focus on profitable growth
• To be a young organization leveraging on technology and an experienced workforce
• To be the most trusted brand, admired by all stakeholders
• To be a leader in the area of Financial Inclusion

Tagline:

Good people to bank with.

Other details:

Chairman and CMD - M.V.Nair(from 2006)

Executive Director(s) - S.S.Mundra, S.K.Jain

Employees - 27746

Headquarters - Mumbai, India

Revenue - US $4.07 bllion(2011)

Assets - US $13.45 billion

Number of branches - 3050

Number of ATMs - 3025

Foreign branches - Hong Kong