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The Latest Breaking News from Union Bank

Subhash Chandra's dissenting lenders Canara Bank, Union Bank move NCLAT against NCLT order

Dissenting lenders have challenged the NCLT order approving Subhash Chandra's personal insolvency plan. The Essel Group chairman's plan proposes a Rs 6.5 crore payment against creditor claims. Lenders argued that five entities linked to Chandra's family improperly influenced the voting process. The NCLT approved the plan after a third member…

The Economic Times

Stocks in news: Groww, Delhivery, Infosys, Wipro, IDBI Bank, Tata Elxsi

Markets traded under pressure amid renewed geopolitical concerns on Tuesday. Several companies like Groww and Infosys will be in focus today. Anand Rathi Share reported a significant profit rise for the June quarter. IDBI Bank clarified reports regarding a potential Fairfax Financial offer. Tata Elxsi announced an 18.2% profit increase…

The Economic Times

Highest 555-day FD interest rates: Banks are offering up to 7.25% interest rate on special fixed deposit

FD interest rates: Special fixed deposits with a 555-day tenure are drawing investor attention. Banks like City Union Bank and Karnataka Bank are offering competitive interest rates. Bank of Baroda has also introduced a new 555-day deposit scheme with attractive rates for all customer categories. Investors can explore these options…

The Economic Times

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Union Bank's board clears plans to raise up to Rs 8,000 crore via equity and debt

In a BSE filing, Union Bank said the board has approved raising of debt capital through Basel III-compliant additional Tier 1 bonds and/or Tier 2 not exceeding Rs 5,000 crore.

The Economic Times

Macy's, JPMorgan, and eight other companies almost as old as the U.S. this July 4th

As the U.S. approaches its birthday, Fortune takes a look at 10 Fortune 500 companies whose age rivals the nation’s.

Fortune

Lucknow: Police arrest cyber gang that cheated AKT University of Rs 120 crore

Uttar Pradesh's Lucknow police has busted a cyber gang that cheated Rs 120 crore from Dr. A. P. J. Abdul Kalam Technical University's (AKTU) account by creating fake mail IDs on behalf of AKTU and opening bank account in Union Bank of India. Read further on Dynamite News:

Dynamite News

Breach of security measures: ACP placed under suspension in Kozhikode

Assistant Commissioner of Police (District Crime Records Bureau) T.P. Sreejith was placed under suspension following an internal investigation into a recent complaint that he reportedly overlooked security measures during the transportation of ₹750 crore from the Union Bank’s currency chest at Mankavu to Hyderabad by road.

The Hindu

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Regulators approve U.S. Bank's $8B purchase of Union Bank

Key financial regulators having approved U.S. Bank’s $8 billion acquisition of Japanese financial titan MUFG’s Union Bank franchise

The Independent UK

Union Bank of India opens ethical hacking lab

Hyderabad

The Hindu

The streets that were once some of Liverpool’s wealthiest

Liverpool’s former banking and financial centre has gradually turned into thriving hub of nightlife

Liverpool Echo

Explained: What realtor Supertech's bankruptcy means for its home buyers

NEW DELHI: Realtor Supertech, which has undertaken several projects in Noida, Gurugram, Ghaziabad, and Greater Noida, was declared bankrupt on Friday by the National Company Law Tribunal (NCLT) for defaulting on payment of Rs 431 crore to a consortium of banks. The move could have a bearing on 11,000 home…

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