Union Bank of India

UBI

Union Bank of India (UBI) is a prominent public sector bank headquartered in Mumbai, Maharashtra. Established on 11 November 1919, the bank has grown significantly over the years. On 1 April 2020, it amalgamated with Andhra Bank and Corporation Bank, becoming one of the largest public sector banks in India. As of December 2024, Union Bank of India operates over 8,574 branches and 9,087 ATMs, serving more than 153 million customers. The bank offers a comprehensive range of financial services, including consumer and corporate banking, investment banking, mortgage loans, private banking, and wealth management. It also has an international presence with branches in Hong Kong, Dubai, Antwerp, and Sydney, and representative offices in Shanghai, Beijing, and Abu Dhabi. The Government of India holds an 83.49% stake in the bank.