union bank of india

Mumbai: State Bank of India is set to seek competitive bids for the ₹243-crore offer by Acre ARC to sell ₹697 crore loans of debt-laden Visa Steel. The Swiss challenge auction is likely…
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Beating much-fancied private sector peers by a wide margin, PSU bank stocks have turned out to be the top performing sector of FY22 on the back of improved loan growth, margins and…
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Union Bank of India did not receive any bid for non-performing loans put on sale, including those to Visa Steel and Horizon Hotel, because the floor prices it set were higher than…
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Regional Rural Banks (RRBs), once considered laggards in the banking ecosystem, are slowly coming into their own. For the first time, banks are now considering listing these lenders on…
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Mumbai: (SBI) has put its ₹700-crore loan to the sick Visa Steel on the block, seemingly frustrated by the litigation delays on the distressed account for more than five years.The bank…
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Hope and expectations get conditioned by recent events. Consequently, behaviour and actions become solely driven by such recency bias. The New Year 2023 is one in which success in terms…
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After declining over 10% in the last trading session amid fear related to the Fed rate hike and rising covid cases in China, PSU bank stocks rebounded, gaining up to 13% in Monday's…
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Public-sector banks are all set to raise funds by selling additional Tier 1 (AT1) bonds this week as they keep capital ready to participate in the emerging demand for credit. (UBI)…
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Indian market closed in the red for the third consecutive day on Tuesday. S&P BSE Sensex fell more than 200 points, while Nifty50 closed below 18,700 levels. Sectorally, buying was…
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Creditors to Finvest (RFL) have approved a one-time settlement plan proposed by the company's management in what is the third such resolution of a non-bank lender outside the…
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