Union Bank of India has given a return of 109.08 percent over the last one year. The benchmark Nifty Bank index has given a return of 10.88 percent over the same duration.

Union Bank of India defies correction in PSU lenders, stock rallies 3%

Five institutions, SBI Life Insurance, ICICI Prudential Life Insurance Co., Life Insurance Corp. of India, BNP Paribas Arbitrage, Bajaj Allianz Life Insurance Co., and Morgan Stanley Asia (Singapore) Pte - ODI, have been allotted more than 5% of Union Bank of India’s Rs 5,000 crore QIP issue. SBI Li…

Top insurers allotted over 5% equity shares in Union Bank’s Rs 5,000 crore QIP issue

Reliance Communications has stated that any action taken by Union Bank of India to identify the telco’s loan accounts as fraudulent is not legally valid due to the ongoing corporate insolvency resolution. Rcom also highlighted that the irregularities mentioned by the bank occurred before the initiat…

UBI’s action to identify loan accounts as ‘fraudulent’ not legally tenable: Reliance Communication

The floor price for the QIP, which opened on August 21, has been fixed at Rs 91.10 a share

Union Bank of India gains on board approval to raise Rs 5,000 crore

Here are the stocks to watch before going into trade today.

Stocks To Watch: Adani Enterprises, Adani Power, Union Bank Of India, Aeroflex Industries, Sanghi Industries

The floor price of the issue is Rs 91.10 per equity share, while the date of opening of the issue is Monday.

Union Bank Of India To Raise Up To Rs 5,000 Crore Through QIP

The waiver is applicable to all new customers with a credit score of 700 and above.

Union Bank Of India’s 100% Waiver Of Processing Charges For Home, Auto Loans Comes With A Condition - News18

Reliance Communications is undergoing an insolvency resolution process after it failed to clear vendor dues and other debt.

Union Bank Of India Begins Probe Into Reliance Communications Loan, Seeks Firm’s Response

The company is undergoing an insolvency resolution process after it failed to clear vendor dues and other debt.

Union Bank of India begins probe into RCom loan, seeks firm’s response

Several major public and private sector banks have reduced interest rates since May 2023. Axis Bank, Punjab National Bank (PNB), Union Bank of India, and IndusInd Bank are among the banks that have cut interest rates on their fixed deposits in the last four months. Will banks start reducing interest…

Will banks start reducing fixed deposit (FD) interest rates now? All eyes on RBI MPC announcements on August 10

Stocks To Watch: Tata Motors, Asian Paints, Union Bank Of India, Can Fin Homes, L&T, Piramal

Price return has been average, nothing exciting

Performance

Can be considered moderately valued vs the market

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Union Bank of India is engaged in providing banking and financial services. The Bank offers products and services in three categories: Deposits, Loans and Advances, and Remittances and Collections.