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Total 121 results found. Search for [ UBI ]

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BT Online
New Delhi, January 31, 2017
The Finance Minister tabled the Economic Survey 2016-17 in the Parliament today. The survey terms UBI a scheme that could be an alternative to plethora of State subsidies for poverty alleviation.


Rajeev Dubey
New Delhi, January 27, 2017
The finance minister has a commitment to reduce the base rate of corporate tax from 30 pc (actually, with cesses and surcharges it comes to nearly 34 pc) to 25 pc by 2018-19.


PTI
January 2, 2017
Top PSU lenders State Bank, PNB and Union Bank on Sunday slashed their benchmark lending rates by up to 90 basis points, a day after Prime Minister Narendra Modi asked banks to priorities their lending towards the poor and middle class.


Sunil Jose
New Delhi, November 28, 2016
IoT is gaining traction quickly, but is still in its infancy in India. By putting to use strong software applications, network management and analytics systems, IoT has infinite potential for innovation by automotive manufacturers and others in the ecology.


PTI
New Delhi, September 16, 2016
The Bank has signed a share purchase agreement with IFCI for acquisition of 73,28,334 equity shares (13.67 per cent of total outstanding shares) of face value of Rs 10 per share in Assets Care and Reconstruction Enterprise from IFCI at Rs 31 per share, resulting in a total cash consideration of Rs 22.72 crore, Axis Bank said in a release.


Reuters
May 30, 2016
India is one of the biggest buyers of Iranian crude and built up a payments backlog when Iran was under Western sanctions, with its refiners owing about $6.5 billion to Iran.


Ranjeev C. Dubey
April 7, 2016
Vijay Mallya's public crucifixion reached a new high on April 7 2016 when 17 lending banks declined to accept his settlement offer, putting the Supreme Court in the unenviable position of asking him to make a full disclose of all assets held by him, his wife, and his children too.


PTI
New Delhi, March 30, 2016
\"The government has decided to infuse capital funds to the tune of Rs 480 crore in the bank by way of preferential allotment of equity in favour of the Government of India,\" UBI said in a BSE filing.


By Clifford Alvares
Delhi, January 30, 2016
Till recently, it was focusing on the corporate and commercial lending side of the business that has seen it rake up a balance sheet size of Rs 1.36 lakh crore in merely 11 years of operations.


ANI
New Delhi, January 20, 2016
Focusing on low cost smartphone markets in Tier-II and Tier-III cities, the phones are priced at Rs. 2,499 and 3,999 respectively.


BT Online
New Delhi, November 9, 2015
Shares of Tata Motors gained over 4 per cent in trade on Monday even as the auto major reported a net loss of Rs 430 crore for the September quarter.


IANS
New Delhi/Bengaluru/Panaji, October 11, 2015
The Central Bureau of Investigation searched residences and offices of the business tycoon in the case of a Rs 900 crore loan by state-run IDBI Bank.


BT Online
New Delhi, September 11, 2015
With the Sensex closing in the red on anxiety ahead of IIP and inflation data, here are the five stocks that made news today.


Indulal PM
Mumbai, March 26, 2015
In November 2013, the Reserve Bank of India banned United Bank of India from lending over Rs 10 crore to a single borrower after the lender's bad loans piled up.


PTI
New Delhi, March 24, 2015
The debit card service was launched by the IRCTC in collaboration with Union Bank of India and National Payment Corporation of India.


PTI
Kolkata, February 22, 2015
A UBI official says the bank had given HPL a loan of Rs 275 crore earlier and the account has already become an NPA.


PTI
New Delhi, January 27, 2015
The bank reported a net profit of Rs 348.94 crore in the third quarter of 2013-14 fiscal against net profit at Rs 302.42 crore for the October-December quarter.


Reuters
Mumbai, January 15, 2015
United Bank of India says it would cut its base rate by 25 basis points to 10 per cent from February 1.


Devidutta Tripathy
Mumbai, December 3, 2014
The move piles pressure on Vijay Mallya who is also being pursued by domestic banks for not meeting loan-repayment obligations linked to his Kingfisher Airlines.


PTI
Mumbai, December 2, 2014
The bank has already declared Kingfisher Airlines and its four directors, including Mallya, as wilful defaulters.


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