Union Bank of India - Company Profile
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Union Bank of India Limited (UBI) is a public sector bank involved in providing a wide range of financial services. The bank's main activities include offering banking products such as savings accounts, current accounts, term deposits, and various loan products. It also provides digital banking services, wealth management, and financial inclusion initiatives. Its products and services cater to individual customers, businesses, and industries, including MSMEs and agriculture. The bank operates through an extensive network of branches, ATMs, and business correspondent points. It has a presence in international markets with branches in Dubai and Sydney, and a subsidiary in London. UBI is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
Union Bank Bhavan, 239, Vidhan Bhavan Marg, Nariman Point, Mumbai, Maharashtra, 400021
Website
www.unionbankofindia.co.in
Telephone
91 22 22896643
No of Employees
73,945
Industry
Financial Services
Ticker Symbol & Exchange
UNIONBANK (NSE)
Revenue (2025)
$14.7B
-1.2%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
7.8%
(2025 vs 2024)
Market Cap*
$14.2B
Net Profit Margin (2025)
XYZ
9.1%
(2025 vs 2024)
* As of and is in US$
Union Bank of India premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Deposits and Accounts: | National Electronic Fund Transfer |
| Savings | Real Time Gross Settlement |
| Current | Cash Management |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In February, the bank awarded a contract to Transaction Solutions International to install 900 additional ATMs across India. |
| 2025 | Contracts/Agreements | In January, the bank in a consortium entered into a loan agreement, worth INR31,802 crore, with Bharat Petroleum Corp Ltd for the construction and operation of a petrochemical complex and refinery expansion in Bina, Madhya Pradesh, India. |
| 2025 | New Products/Services | In January, the bank unveiled accessibility features in its Digital Rupee (e₹) application. |
Competitor Comparison
| Key Parameters | Union Bank of India | Canara Bank | Kotak Mahindra Bank Ltd | Bank of India | Central Bank of India |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Bangalore | Mumbai | Mumbai | Mumbai |
| State/Province | Maharashtra | Karnataka | Maharashtra | Maharashtra | Maharashtra |
| No. of Employees | 73,945 | 81,827 | 61,170 | 51,010 | 33,081 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Asheesh Pandey | Chief Executive Officer; Director; Managing Director | Executive Board | 2025 | - |
| Avinash Vasant Prabhu | Chief Financial Officer | Senior Management | 2023 | - |
| Ashwini Kumar Ramkrishna Choudhary | Chief Risk Officer | Senior Management | 2023 | - |
| Prafulla Kumar Samal | Chief General Manager-Compliance Department | Senior Management | 2024 | - |
| Anil Kuril | Chief General Manager-CISO | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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