United Bank Of India Uttar Pradesh IFSC code, MICR code, Address
United Bank Of India branch details in Uttar Pradesh
Last Updated 22nd Apr 2017
United Bank Of India has 108 branches in Uttar Pradesh spread over 40 districts of Agra, Aligarh, Allahabad, Ambedkar Nagar, Amethi, Amroha, Auraiya, Azamgarh, Baghpat, Bahraich, Ballia, Balrampur UP, Banda, Barabanki, Bareilly, Basti, Bijnor, Budaun, Bulandshahar, Bulandshahr, Chandauli, Chitrakoot, Deoria, Etah, Etawah, Faizabad, Farrukhabad, Fatehpur, Firozabad, Gautam Buddha Nagar, Ghaziabad, Ghazipur, Gonda, Gorakhpur, Hamirpur, Hapur, Hardoi, Hathras, Jalaun, Jaunpur, Jhansi, Jyotiba Phule Nagar, Kannauj, Kanpur Nagar, Kanshiram Nagar, Kasganj, Kaushambi, Kushinagar, lakhimpur kheri, Lalitpur, Lucknow, Mahamaya Nagar, Maharajganj, Mahoba, Mainpuri, Mathura, Mau, Meerut, Mirzapur, Moradabad, Muzaffarnagar, Pilibhit, Pratapgarh, Raebareli, Ramabai Nagar, Rampur, Saharanpur, Sant Kabir Nagar, Sant Ravidas Nagar, Shahjahanpur, Shravasti, Siddharth Nagar, Sitapur, Sonbhadra, Sultanpur, Unnao, Varanasi.
Raebareli district, with 15 branches has the largest number of United Bank Of India branches in Uttar Pradesh followed by Lucknow district with 14 branches and Allahabad district with 8.
District wise distribution of United Bank Of India branches in Uttar Pradesh is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the district where the branch is located.
United Bank of India had received Rs. 608 crore from the central government through preferential allotment of equity shares in September, 2016. The central government will infuse another Rs. 418 crore capital in the bank as a part of turnaround-linked capital infusion plan. The government has also declared fund infusion of Rs. 22,915, out of Rs. 25,000 crore allocated for 13 public sector banks for the current fiscal 2016-17.
United Bank of India has reduced its overnight and six months marginal cost of lending rates to 8.30 and 8.65 percent respectively. The revised one year MCLR is now 8.80 percent as compared to 9.40 percent earlier. The rates are effective from 6th January, 2017.
United Bank of India reported nearly 27 per cent fall in its net profit to Rs. 38.32 crore for the quarter ended June 30 due to rise in bad loans. The total income of the bank fell by 2.67 per cent to Rs. 2819.37 crore in the June quarter of FY17 from Rs. 2896.75 crore in the June quarter of previous year. Gross NPAs as a percentage of total loans increased to 14.29 per cent in the first quarter of current financial year. Similarly, the net NPA ratio increased to 9.85 per cent, up from 6.30 per cent during same period of previous fiscal.
United Bank of India said that the government has decided to infuse up to Rs 810 crore capital into the bank in the current fiscal year. Government has decided to allocate 75 per cent of the capital to the bank immediately and remaining 25 per cent will be infused depending upon the performance of the bank by the end of 2016. Government has already announced its plan to infuse Rs. 22915 crore in 13 public sector banks like SBI, PNB, Bank of India and Central Bank of India.
UBI has reduced interest rates by 25 bps -50 bps for deposits up to Rs 1 Cr and by 25 bps to 150 bps for deposits above Rs 1 crore
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