Net profit of United Bank of India reported to Rs 95.18 crore in the quarter ended March 2019 as against net loss of Rs 260.62 crore during the previous quarter ended March 2018. Total Operating Income rose 1.16% to Rs 2213.29 crore in the quarter ended March 2019 as against Rs 2188.00 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 2315.92 crore in the year ended March 2019 as against net loss of Rs 1454.44 crore during the previous year ended March 2018. Total Operating Income rose 2.62% to Rs 8559.88 crore in the year ended March 2019 as against Rs 8341.63 crore during the previous year ended March 2018.

Powered by Capital Market - Live News

United Bank of India will hold a meeting of the Board of Directors of the Company on 13 May 2019.

Powered by Capital Market - Live News

The Reserve Bank of India has imposed an aggregate penalty of Rs.3 crore on the Bank for non-compliance with, and contraventions of, directions contained in the RBI Circular dated 20 February 2018 on Time-bound implementation and strengthening of SWIFT-related operational controls.

Powered by Capital Market - Live News

United Bank of India will hold a meeting of the Board of Directors of the Company on 25 February 2019.

Powered by Capital Market - Live News