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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.19,84,842 crores. [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 largest PSU banks ...
Currently, Vaswani is the president of Pagaya Technologies. [2] Previously, he has worked at Citigroup and Barclays. [2] [4] At Barclays Bank, UK, he has worked as the CEO. Subsequently, he has also worked as CEO of the Global Consumer, Private, Corporate and Payments businesses of the bank. He has also worked as a member of the group executive ...
The bank achieved a profit after tax (PAT) of ₹2,437 crore in the financial year 2023, maintaining a capital adequacy ratio of 16.82%. The bank's retail loans showing a gross non-performing asset (NPA) ratio of 1.65% and a net NPA ratio of 0.55% as of March 31, 2023. The overall gross NPA ratio is 2.51%, while the net NPA ratio is 0.86%.
13.68% (2018-19) [1] Andhra Bank was a medium-sized public sector bank (PSB) of India, with a network of 2885 branches, 4 extension counters, 38 satellite offices and 3798 automated teller machines (ATMs) as of 31 March 2019. [2] During 2011–12, the bank entered the states of Tripura and Himachal Pradesh. It operated in 25 states and three ...
The average age of bank employees on the same date was 39 years. The bank reported the business of ₹ 11.65 crore (US$1.5 million) per employee and net profit of ₹ 8.06 lakh (US$10,000) per employee during the FY 2012–13. The company incurred ₹ 5,751 crore (US$720 million) towards employee benefit expenses during the same financial year.
In Australia, the "big four banks" refers to the four largest banks that have traditionally dominated Australia's banking industry in terms of market share, revenue, and total assets. [3] [4] The "big four banks" of Australia are: [5] ANZ Bank. Commonwealth Bank (owned by the Government of Australia until 1996) [6]
Kotak Mahindra Life Insurance Company Limited is a privately held life insurance company based in India. [2] [3] [4] It was established in 2001 and currently serves 46 million customers in 148 cities and towns across India. [5] [6] The company provides protection, retirement, savings, investment, and annuity plans. [7]
ING Vysya Bank Kotak Bank & ING Vysya Merger. ING Vysya Bank was a privately owned Indian multinational bank based in Bangalore, with retail, wholesale, and private banking platforms formed from the 2002 purchase of an equity stake in Vysya Bank by the Dutch ING Group. This merger marked the first between an Indian bank and a foreign bank. [4]
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