Diabytes
United Bank of India News
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eOBC and eUNI cheque book discontinued.
Cheque book invalid from 1.10.2021.
Replace your old cheque book.
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Old chequebooks of the account holders of the two banks will be of no use starting from October 2021.
Oriental Bank of Commerce and United Bank of India were merged with Punjab National Bank.
The merger took effect on 1 April 2020.
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All the old IFSC codes are discontinued and the new codes are being granted by the anchor banks.
Oriental Bank of Commerce, United Bank of India, Syndicate Bank, Andhra Bank, Corporation Bank and Allahabad Bank customers will face the issue.
Account-holders of all the above banks should start sharing the new IFSC codes.
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With this, Punjab National Bank is set to become the second-largest lender in the country.
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The Finance Ministry had informed the bank about the capital infusion on Wednesday (December 26), United Bank of India said in a regulatory filing.
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The interest rate for fixed deposits between 1-3 years will increase to 6.25 percent from 6 percent.
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The one-year MCLR has been increased to 8.85 percent from 8.80 percent.
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The CID had arrested three senior employees of the Kolkata-headquartered bank in this case in June last year.
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SBI has asked the bidders to submit expression of interest by March 9, 2018 and further to complete the due diligence by March 22.
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The former UBI chairman, according to news agency ANI, has been charged with acquiring disproportionate assets worth Rs 3.6 crore.
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Board of PNB has given its approval for raising equity capital to the tune of Rs 3,000 crore through FPO, QIP or rights issue.
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The finance ministry has initiated detailed discussions with select public banks to assess their growth blueprint over the next three years and seek turnaround plans to check if they need more growth capital.
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The government has approved the second tranche of capital infusion in public sector banks to enhance their capital base.
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Merger of weak public sector banks cannot be ruled out in a run up to meet Basel III norms, a top bank official said today.
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Public lender United Bank of India slashed its benchmark lending rate by up to 0.90 percent, joining others such as State Bank of India, ICICI Bank, HDFC Bank and Punjab National Bank.
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Bahujan Samaj Party chief Mayawati on Tuesday attacked the BJP government at the Centre, a day after the Enforcement Directorate detected cash deposits totalling over Rs 104 crore in an account belonging to her party and Rs 1.43 crore in another belonging to party her brother, Anand.
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The ED on Monday detected cash deposits totalling over Rs 104 crore in an account belonging to the BSP.
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Terming GoAir and Indigo as "innocent" third parties, the Debt Recovery Tribunal has rapped banks for filing interim applications in a "casual and routine manner" to make them party to the Vijay Mallya case.
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State-owned United Bank of India (UBI) said it has received Rs 608 crore capital infusion from the government.
The CBI on Thursday registered a case against former Chairman and Managing Director (CMD) of United Bank of India Archana Bhargava for abusing her official position in 2011 and 2013.
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