Who is the chairman of union bank of India?

Answer 1

Mr. K R Kamath is the chairman and managing director of Punjab national bank. The other important members in the Board of Directors are:

1. Mr. M V Tanksale - Executive Director
2. Mr. Rakesh Sethi - Executive Director
3. Mrs. Ravneet Kaur - Government of India Nominee Director

Answer 2

Union Bank of India (UBI) was registered on 11 November 1919 as a limited company in Mumbai and was inaugurated by Mahatma Gandhi. At the time of India's Independence in 1947, UBI still only had four branches - three in Mumbai and one in Saurashtra, all concentrated in key trade centres. After Independence UBI accelerated its growth and by the time the government nationalized it in 1969, it had grown to 240 branches in 28 states. Now it has over 2500 branches all over India.

Mavila Vishwanathan Nair is the Chairman of Union Bank of India

Answer 3

Union Bank of India (UBI) was registered on 11 November 1919 as a limited company in Mumbai and was inaugurated by Mahatma Gandhi. At the time of India's Independence in 1947, UBI still only had four branches - three in Mumbai and one in Saurashtra, all concentrated in key trade centres. After Independence UBI accelerated its growth and by the time the government nationalized it in 1969, it had grown to 240 branches in 28 states. Now it has over 2500 branches all over India.

A Glorious Past - A Brighter Future

Union Bank of India was established on 11th November 1919 with its headquarters in the city of Bombay now known as Mumbai.

The Head Office building of the Bank in Mumbai was inaugurated by Mahatma Gandhi, the Father of the nation in the year 1921, and he said on the occasion:"We should have the ability to carry on a big bank, to manage efficiently crores of rupees in the course of our national activities. Though we have not many banks amongst us, it does not follow that we are not capable of efficiently managing crores and tens of crores of rupees."

His prescient words anticipated the growth of the bank that has taken place in the decades that followed. The Bank now operates through over 2800 branches across the country. The Bank's core values of prudent management without ignoring opportunities is reflected in the fact that the Bank has shown uninterrupted profit during all 90 years of its operations.

Union Bank has been playing a very proactive role in the economic growth of India and it extends credit for the requirements of different sectors of economy. Industries, exports, trading, agriculture, infrastructure and the individual segments are sectors in which the bank has deployed credit to spur economic growth and to earn from a well diversified portfolio of assets.

Resources are mobilised through Current, Savings and Term Deposits and through refinance and borrowings from abroad. The Bank has a large clientele base of over 24 million.

On the technology front the Bank has taken early initiatives and 100% of its branches are computerised. The Bank has also introduced Core Banking Solution with connectivity between branches. 100% of the business of the Bank is under Core Banking Solution making it a leader among its peers in infusion of technology. Many innovative products are developed using the technology platform to offer an array of choices to customers, adding speed and convenience to transactions. Technology will also enable the Bank to derive substantial cost reduction while creating the requisite capacity to handle the ever increasing volume of business in a competitive environment that offers immense opportunities.

At the end of September 2011 the Bank achieved total business level of Rs.3,42,856 crore (Rupees Three Lakh Forty two thousand Eight hundred fifty six crore)

Behind all these achievements is a dedicated team of staff, which is truly cosmopolitan in its composition. Many generations of members of staff have contributed in building up the strong edifice of the Bank. The present team of over 29000 members of staff distinguishes itself with its customer centricity, willingness to learn and adherence to values enabling us to be recognised as a caring organisation where people enjoy their work and relationship with customers.

Answer 4

The present Chairman and Managing Director (CMD) of Bank of India is Vijayalakshmi R Iyer. Bank of India is the fourth largest public sector (government owned) bank in India. It has more than 4000 branches across India with 50+ branches outside the country. The bank is headquartered in Mumbai, India and has a pan india presence serving customers across the country.

Answer 5

Shri M.D. Mallya is the chairman of Bank of Baroda. He has been the chairman and managing director of the bank since May 2008. Shri Rajiv Kumar Bakshi and Shri N.S. Srinath are the Executive Directors of the bank. There are 8 other members as the board of directors of the bank.

Answer 6

Sri M V Nair is the Chairman & Managing Director as on today.

Answer 7

M. Narendra is the chairman of Indian Overseas Bank since 1st November 2010.

Answer 8

Shri Bhaskar sen