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United Bank of India

United Bank of India (UBI) headquartered in Kolkata, has been amalgamated with Punjab National Bank w.e.f 1st April 2020. The organizational structure of UBI is now the same as that of Punjab National Bank. On 30 March 2009, the Indian government approved the restructuring of the United Bank of India. The government proposed to invest 2.5 billion rupees in shares by 31 March and another 5.50 billion in the next fiscal year in Tier-I capital instruments. The move is part of the Indian government’s program to improve the capital base of state-owned banks. UBI gets SEBI approval for Rs 1,000 crore equity issue via QIP On 22 November 2017, United Bank of India (UBI) said it has received SEBI’s approval for the issue of equity shares worth Rs 1,000 crore by way of institutional placement. On 1 April 2020, the bank along with the Oriental Bank of Commerce has been merged with Punjab National Bank, making it the second largest public sector bank in India.

United Bank Of India has a major presence in the eastern part of India. In 1950, four Bengali banks merged to form “United Bank Of India”. Today, the United Bank Of India has more than 1650 branches and offices across India. United Bank Of India has its headquarters in Kolkata. United Bank of India is recruiting youngsters for Clerks, Banking staff, and other positions.

Official Address:	Shri Pramod Kumar Sinha General Manager (Marketing &NI) United Bank of India Head Office 11, Hemanta Basu Sarani Kolkata – 700001.
City	Kolkata
Phone	033-22133172
Pincode	700001
Email	[email protected]
Website	https://www.pnbindia.in/

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