Union Bank of India is one of the leading public sector banks of the country. The Bank is a listed entity, and the Government of India holds 74.76 percent in Bank’s total paid-up capital. The Bank, having its headquarters at Mumbai (India), was registered on November 11, 1919 as a limited company. On 1st April 2020, Andhra Bank and Corporation Bank were amalgamated into Union Bank of India. Our Bank has a network of 8,500+ domestic branches, 9,100+ ATMs, 74,000+ employees and 22,000+ Business Correspondents . The Bank has expanded its presence across all States and Union Territories. The Bank’s total business as of 30th September 2024 stood at ₹ 21,70,779 crore, comprising ₹ 12,41,947 crore of deposits and ₹ 9,28,832 crore of advances. The Bank also has 2 overseas branches at Dubai International Financial Centre (UAE) & Sydney (Australia); 1 banking subsidiary at London (UK); 1 banking joint venture in Malaysia; 4 para-banking subsidiaries (domestic); 2 joint ventures and 1 associate – Chaitanya Godavari Gramin Bank. Union Bank of India is the first large public sector bank in the country to have implemented 100% core banking solution. The Bank has received several awards and recognition for its prowess in technology, digital banking, financial inclusion, MSME and development of human resources.
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