Union Bank of India celebrates 102nd foundation day

The bank's operations are now spread across over 9,500 branches pan-India, with a base of over 120 million customers.

Hyderabad: Union Bank of India, a leading public sector bank, celebrated its 102nd Foundation Day at a virtual event held at Mumbai recently.

Established in the year 1919, and having its first head office inaugurated by the Father of the Nation, Mahatma Gandhi, Union Bank of India has played a highly instrumental role in shaping the banking landscape of pre and post independence India, and it continues to drive the country's economic growth. The bank has extended credit across a vast array of industries and sectors such as exports, agriculture, treading, infrastructure and other specific business categories. Its operations are now spread across over 9,500 branches pan-India, with a client base of over 120 million customers.

Speaking on the occasion, Rajkiran Rai G, Managing Director &Chief Executive Officer, Union Bank, congratulated all the bank's employees and customers on the occasion and appreciated the gigantic efforts put in by one and all.

To mark the occasion, the bank launched three exclusive products including pre-approved Union Digi Personal Loan and Union Digi Docx (Digital Doc' Execution) - a digital web-based platform for execution of loan contracts.

Rajkiran Rai G said: "We have been in the forefront in providing digital solutions to the Customers at large."