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Union Bank of India, commonly referred to as Union Bank , is an Indian public sector bank headquartered in Mumbai. It has 153+ million customers and a total business of Rs.21,36,405 crores as of June 30 2024 . [7] After the merging with Corporation Bank and Andhra Bank, which came into effect on 1 April 2020, the merged entity became one of the ...
Nature of the scam. The scam involved misappropriation of approximately ₹ 94 crore (about US$12 million) by the corporation. [3] The funds were illegally transferred from the corporation's accounts at the Union Bank of India MG Road branch to multiple accounts, some of which were linked to fictitious entities.
City Union Bank Limited is an Indian private sector bank headquartered in Kumbakonam, Tamil Nadu. The bank was initially named Kumbakonam Bank Limited , and was incorporated on 31 October 1904. The bank preferred the role of a regional bank in the Thanjavur district of Tamil Nadu .
There are 33 state co-operative banks in India. The Andaman and Nicobar State Co-operative Bank Ltd. The Andhra Pradesh State Co-operative Bank Ltd. The Arunachal Pradesh State co-operative Apex Bank Ltd. The Assam Co-operative Apex Bank Ltd. The Bihar State Co-operative Bank Ltd.
Star Union Dai-ichi Life Insurance is an insurance company with headquarters in Mumbai, India. It was founded in 2007 and began operations in 2009 as a joint venture between Bank of India, Union Bank of India, and Dai-ichi Life, a Japanese life insurance firm. [1] It offers a range of services including investments plans, retirement plans and ...
The Reserve Bank of India, India's central banking authority, was established in April 1935, but was nationalized on 1 January 1949 under the terms of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948 (RBI, 2005b). [ 31 ] In 1949, the Banking Regulation Act was enacted, which empowered the Reserve Bank of India (RBI) to ...
www.bankofindia.co.in. Bank of India (BoI) is an Indian public sector bank headquartered in Bandra Kurla Complex, Mumbai. Founded in 1906, it has been government-owned since nationalisation in 1969. BoI is a founding member of SWIFT (Society for Worldwide Inter Bank Financial Telecommunications), which facilitates provision of cost-effective ...
R. C. Cooper. Rustom Cavasjee Cooper (18 August 1922 – 18 June 2013) was an Indian politician and chartered accountant. [1] He served as treasurer and general-secretary of Swatantra Party. [2] Between 1963 – 1964, he also served as president of Institute of Chartered Accountants of India. [3]