Union Bank of India
{{Use Indian English|date=August
| Formerly | The Union Bank of India Ltd. (1919–1969) |
|---|---|
| Company type | Public |
| ISIN | INE692A01016 |
| Industry | |
| Founded | 11 November 1919 |
| Founder | Sardar Shashisekhar Singh Bhumihar Seth Sitaram Poddar |
| Headquarters | Union Bank Bhavan, 239, Vidhan Bhavan Marg, Nariman Point, , India |
Number of locations | 8,621 branches 8,910 ATMs (Mar 2025) |
Key people |
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| Services | Consumer banking, Corporate banking, Financial services, Investment banking, Mortgage loans, Private banking, Wealth management |
| Revenue | ₹97,078.50 crore (US$11 billion) (FY23) |
| ₹25,250.20 crore (US$3.0 billion) (FY23) | |
| ₹8,511.70 crore (US$1.0 billion) (FY23) | |
| Total assets | ₹1,288,357.10 crore (US$150 billion) (FY23) |
| Total equity | ₹78,803.50 crore (US$9.3 billion) (FY23) |
| Owner | Government of India (83.49) % |
Number of employees | 75,866 (FY24) |
| Capital ratio | 18.02% (Mar 2025) |
| Website | www |
Union Bank of India (UBI) is an Indian public sector bank headquartered in Mumbai. It has 153+ million customers and a total business of Rs.22,92,644 crores as of 31 March 2025. After the merging with Corporation Bank and Andhra Bank, which came into effect on 1 April 2020, the merged entity became one of the largest PSU banks in terms of branch network with around 9300+ branches. Four of these are located overseas in Hong Kong, Dubai, Antwerp, and Sydney. UBI also has representative offices at Shanghai, Beijing and Abu Dhabi. UBI operates in the United Kingdom through its wholly owned subsidiary, Union Bank of India (UK). The bank has a network of 9300+ domestic branches, 10000+ ATMs, and 23000+ Business Correspondent Points serving over 153 million customers with 76,700+ employees.