United Bank of India (UBI) (BSE: 533171, NSE: UNITEDBNK) is a state-owned financial services company headquartered in Kolkata, West Bengal, India. Presently the bank has a three-tier organizational setup consisting of its Head office in Kolkata, 31 Regional offices and 1650 branches spread all over India. However, its major presence is in eastern India.
On March 30, 2009, the Indian government decided to approve the restructuring United Bank of India. The cabinet has approved the government's proposal to investing 2.50 billion rupees in shares by March 31, and another 5.50 billion in the next fiscal year in Tier-I capital instruments. The move is part of the Indian government's program to improve the capital base of the state-owned banks. United Bank of India is recruiting 751 clerks across the country.
Read more about United Bank Of India: History, TODAY, Awards/ Certifications Received By The Bank, Delivery Channel Based Products of Bank, Award and Recognition
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“I thought it altogether proper that I should take a brief furlough from official duties at Washington to mingle with you here to-day as a comrade, because every President of the United States must realize that the strength of the Government, its defence in war, the army that is to muster under its banner when our Nation is assailed, is to be found here in the masses of our people.”
—Benjamin Harrison (1833–1901)
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—Winston Churchill (1874–1965)