Union Bank of India has withdrawn eviction notices served by it to residents of a society in Noida and also assured that no action will be taken against them because the builder has defaulted on loan repayment.
The bank had given notices to a 200 families of Gardenia Gateway by Gardenia Group in Sector 75, Noida, on August 5.
Union Bank of India is one of the largest government-owned banks of India. The Bank offers products and services in three categories - Deposits, Loans and Advances, and Remittances & Collections. Its segments include treasury operations, corporate & wholesale banking, retail banking and other banking operations.