Union Bank Of India

The total asset value of Union Bank Of India stood at ₹ 13,23,047 Cr as on 30-Sep-23

The share price of Union Bank Of India is ₹117.15 (NSE) and ₹117.15 (BSE) as of 08-Dec-2023 IST. Union Bank Of India has given a return of 55.26% in the last 3 years.

Union Bank Of India has a market capitalisation of ₹ 86,837 Cr as on 08-Dec-2023. As per Value Research classification, it is a Large Cap company.

The P/B ratio of Union Bank Of India is 1.03 times as on 08-Dec-2023, a 0.06% premium to its peers’ median range of 0.97 times.

The P/E ratio of Union Bank Of India is 7.29 times as on 08-Dec-2023, a -0.49% premium to its peers’ median range of 14.16 times.

Step 1. Open a demat account through a broker. You would need to provide your email, PAN, bank account details, aadhar details, etc., for KYC
Step 2. Sign in to the broker’s application through a mobile app or website. Use the Login ID and password provided by your broker.
Step 3. Transfer funds from your bank account into the wallet present in your brokerage account.
Step 4. Search for the Union Bank Of India and enter the required number of quantities and click on buy to purchase the shares of Union Bank Of India.

Union Bank of India provides various banking products and services. It operates through four segments: Treasury Operations, Retail Banking Operations, Corporate and Wholesale Banking, and Other Banking Operations. The company offers savings and current accounts; term and recurring deposits; and demat and online trading accounts. It also provides home, vehicle, education, personal, agriculture, and gold loans; loans against the property; and loans for pensioners, as well as products and loans for micro, small, and medium enterprises. In addition, the company offers mutual funds; life, non-life, health, and general insurance products; tax saving deposits; government saving schemes, tax collection services, pension products, and departmentalized ministries accounts; short term, long term, and other credit for agricultural/SSI/tertiary sectors; and safe deposit locker and cheque collection services. Further, it provides corporate loans, that includes line of credit, trade finance, working capital, project financing, and channel finance; debt structuring/restructuring, loan syndication, structured finance, mergers and acquisition advisory, and private equity services; cash management, ECGC cover, and foreign exchange services, as well as derivatives; export and import finance services; NRI banking services; and treasury and other products, and remittance services. Additionally, the company offers app, internet, self-service, ATM, and SMS banking services; point of sale terminal and immediate payment services; and combo, debit, credit, gift, prepaid, and payroll cards. The company was incorporated in 1919 and is headquartered in Mumbai, India.

The promoter of Union Bank Of India is President of India. President of India owns 76.99 per cent of the total equity. The chairman of the company is Srinivasan Varadarajan , and the managing director is A Manimekhalai..

The promoters of Union Bank Of India have pledged 0% of the total equity as on Sep-23.

Some of the close peers are:

Yes, TTM profit after tax of Union Bank Of India was ₹11,919 Cr.