Union Bank becomes 5th largest PSB

Union Bank becomes 5th largest PSB post merger with Andhra Bank, Corporation Bank

Union Bank of India, previous Andhra Bank and previous Corporation Bank have now become a bank. From today, all representatives, clients and parts of Andhra Bank and Corporation Bank will turn out to be a piece of the Union Bank of India family. To limit interruption, the record number, IFSC code, charge/Visa and Internet/Mobile financial gateway and login certifications will continue as before.

Union Bank becomes 5th largest PSB post merger with Andhra Bank, Corporation Bank

Union Bank of India presently offers a wide scope of items and administrations to more than 120 million clients across 9500+ branches and 13500+ ATMs. Together they have become the fourth biggest financial system in India and the fifth biggest open part bank in India. The merger is required to produce income of over Rs 2,500 crore in the following three years.

Rajkiran Rai Ji, MD and CEO of Union Bank of India stated, "We currently give our clients exhaustive access to branches, ATMs, advanced administrations and credit offices and are in a progressively vigorous situation as a bank."

Clients of the three elements would now be able to exploit Union Banks' broad system and consistent administrations. Powerful essential administrations, for example, money withdrawals and stores, balance requests and reserve moves will be interoperable in the joint system from today. Clients of Union Bank, Andhra Bank and Corporation Bank won't be charged any additional money withdrawal at one another's ATMs.