Union Bank of India has won Golden Peacock National Training Award for 2014. This has been the 6th occasion that the bank has received this recognition. This award is instituted by the Institute of Directors, New Delhi, to identify excellence in training practices, innovative products and quality services at organizations, corporate bodies and non-government organizations.
The bank has posted a fall of 26.66% in its net profit at Rs 578.96 crore for the quarter ended March 31, 2014 as compared to Rs 789.38 crore for the same quarter in the previous year. However, total income of the bank has increased by 12.59% at Rs 8444.95 crore for quarter under review as compared to Rs 7500.59 crore for the quarter ended March 31, 2013.
