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United Bank of India to strengthen presence in southern, western India

15 Feb 2017 Evaluate

United Bank of India is planning to strengthen its presence in the southern and western parts of India. The Bank is planning to add another 35 branches before the close of this fiscal, including three link centres (which would function like a regional office) at Indore, Agra and Ludhiana.

United Bank of India is one of the 14 major banks which were nationalized on July 19, 1969. After nationalization, the Bank expanded its branch network in a big way and actively participated in the developmental activities, particularly in the rural and semi-urban areas in conformity with the objectives of nationalization.

 

Peers
Company Name CMP
State Bank Of India 978.50
PNB 117.05
Bank Of Baroda 234.55
Canara Bank 125.90
Union Bank Of India 179.25
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