Union bank of india

List of Bank Mergers in India: List of Bank mergers in India is an important banking awareness topic. Consolidation in the banking sector is very important in terms of mergers and acquisitions for the growing Indian Banking Industry. A merger is defined as, “a combination of two or more companies in which the assets and liabilities of the selling firm(s) are absorbed by the buying firm”. Here you can check the list of bank mergers in India details completely. Although the buying firm may be a considerably different organization after the merger, it retains its original identity.” Also, in tabular form, we have added the complete list of bank mergers in India for your preparation. There are high chances that in the exam, you can expect questions from the list of bank mergers in India. An acquisition is when one company purchases most or all of another company’s shares to gain control of that company. Purchasing more than 50% of a target firm’s stock and other assets allows the acquirer to make decisions about the newly acquired assets without the approval of the company’s shareholders. Section 44A of the Banking Regulation Act of 1949, which states that no banking companies shall amalgamate unless a scheme of such amalgamation is required to be approved by a two-thirds majority of shareholders of each amalgamating company. Check the aim, merits, demerits, and more info regarding the list of bank mergers in India. List of Bank Mergers in India – Merits: Here are t...

Union Bank of India's gross non-performing assets value at the end of fiscal year 2022 amounted to approximately 795 billion Indian rupees. Union Bank of India is one of the largest government-owned banks which also operates in four countries outside of India. It is headquartered in Mumbai, Maharashtra. The most important statistics • GDP of the finance and insurance industry in Singapore 2013-2022 • Total reserves in Singapore 2011-2022 • Number of financial institutions in Singapore 2022, by type • Number of banks Singapore 2014-2023, by type • Number of foreign banks Singapore 2013-2022, by type The most important statistics • Total assets and liabilities of commercial banks in Singapore 2011-2020 • Assets of commercial banks in Singapore 2022, by type • Liabilities of commercial banks in Singapore 2022, by type • Assets and liabilities of DBUs and ACUs local commercial banks Singapore 2011-2020 • Assets and liabilities of DBUs and ACUs foreign commercial banks Singapore 2011-2020 • Volume of credit and debit card payments Singapore 2018-2021 • Value of credit and debit card payments Singapore 2018-2021 The most important statistics • Total loans and advances of commercial banks to residents Singapore 2021-2022 • Total commercial banks consumer loans to residents Singapore 2021-2022 • Total consumer loans to residents Singapore 2022, by type • Total loans and advances to businesses Singapore 2022 • Value of loans and advances to businesses Singapore 2022, by sector • Co...