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Union Bank of India (UNIONBANK)
What UNIONBANK does

Union Bank of India

What company does?Provides banking and financial services.
Established1919
Entity typeGovernment
HeadquartersIndia
SegmentB2C
Union Bank of India is a share market listed company in the Public Sector Bank industry . It got listed on NSE on 24-SEP-2002 under the trading symbol UNIONBANK. On BSE it is listed under trading symbol UNIONBANK. The company operates in Banking , Financial Services , Loans and Investments categories.

Company overview

Union Bank of India is one of the largest government-owned banks in India, with a rich history dating back to 1919. The bank offers a wide range of financial products and services including personal banking, corporate banking, international banking, rural and agricultural banking, and more.

With a strong focus on customer service and innovation, Union Bank of India provides various digital banking solutions such as internet banking, mobile banking, online bill payments, and e-commerce transactions. It also offers specialized services like wealth management, insurance products, loans for small businesses and entrepreneurs.

The bank has been leveraging innovative technologies to enhance its operations. In recent years it has embraced artificial intelligence (AI) and machine learning for risk assessment and fraud detection. Additionally, Union Bank of India has made significant strides in promoting financial inclusion through initiatives such as providing basic savings accounts with minimal documentation requirements aimed at reaching unbanked populations.

One aspect that sets Union Bank of India apart from its competitors is its extensive network across the country. With thousands of branches and ATMs spread throughout urban centers as well as remote areas in India's hinterlands , the bank ensures accessibility to financial services for people from all walks of life. Furthermore, has forged strategic partnerships with leading fintech companies to offer cutting-edge payment solutions such as digital wallets or contactless payment options which further enhances their competitive edge in the market.
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