Tag: Union Bank of India
GENERAL Supreme Infra Completes One-Time Settlement In 24 Hours Of NCLT Order

Supreme Infrastructure India Ltd, an infrastructure development and construction company, has implemented its court-sanctioned Scheme of Compromise and completed a one-time settlement with its remaining financial creditors within 24 hours of the October 28, 2026 order of the NCLT Mumbai Bench. The settlement was completed ahead of the October 31 deadline and addresses the company’s […]

CW Bureau · Nov 2, 2026
AUTO Ashok Leyland Partners With Union Bank Of India For Vehicle Financing

Ashok Leyland, the Hinduja Group’s flagship commercial vehicle manufacturer, has partnered with Union Bank of India (UBI) to provide customised financing solutions to customers purchasing its trucks and buses, aiming to improve access to vehicle loans for fleet operators and businesses across the country. Under a memorandum of understanding (MoU), the public sector bank will […]

CW Bureau · Oct 14, 2026
BANKING & FINANCE VST Tillers Tractors, Union Bank In Tie-up For Farm Equipment Finance

VST Tillers Tractors Ltd (VTTL), a leading manufacturer of compact tractors and farm mechanisation solutions, has signed a memorandum of understanding (MoU) with Union Bank of India to facilitate retail financing for customers purchasing its agricultural and farm equipment. Under the partnership, Union Bank of India will provide retail loan facilities to customers purchasing VST […]

CW Bureau · Sep 2, 2026
BANKING & FINANCE IndiaFirst Life Rewards Policyholders With Highest-Ever ₹179-Cr Bonus

IndiaFirst Life Insurance Company Ltd has declared its highest-ever bonus of ₹179 crore for FY26, reinforcing its commitment to delivering long-term value and financial security to participating policyholders. The bonus, comprising both Reversionary Bonus and Terminal Bonus, will be distributed among eligible participating policyholders, enabling them to share in the surplus generated by the company’s […]

CW Bureau · Jun 6, 2026
BANKING & FINANCE Union Bank Of India Reports 3.95% Rise In FY26 Net Profit At ₹18,697 Cr

Union Bank of India reported a 3.95% increase in net profit at ₹18,697 crore for the year ended March FY26, supported by improved asset quality and steady business growth. Interest income stood at ₹1,05,992 crore during the year. However, net interest income (NII) declined 1.49% to ₹36,659 crore, while net interest margin (NIM) contracted by […]

CW Bureau · Apr 23, 2026