by Suman Gupta The Students Association of the Western Region of Institute of Chartered Accountants of India hosted and witnessed the National Conference for CA Students at Birla Matoshree, Mumbai which saw CA students from across the world in presence. The Chief Guest CA G. S. Pannu, Hon’ble ITAT, Mumbai, …Read More »
Union Bank of India has raised Rs 2,000 crore through Qualified Institutions Placement (QIP) aggregating to Rs.2000 crore through allotment of 12.93 Crore Union Bank shares Highlights of the Issue: Allotment of 12.93 crore shares at Rs.154.65 per share (including premium of 144.65 per share) aggregating to Rs.2000 crore. The QIP received …Read More »
Bank creates central decision hub with FICO technology to launch new credit strategies 30 percent faster and at 25 percent lower cost by Suman Gupta Mumbai, India — November 23, 2017 HIGHLIGHTS: African Bank, a large retail bank in South Africa, has worked with Silicon Valley analytics firm FICO to …Read More »
First-of-Its-Kind Program from Acclaimed Zicklin School of Business at Baruch College Launches in Collaboration with the Bombay Chamber of Commerce and Industry and Think Education
by Suman Gupta Mumbai November 17, 2017 –The flagship business school within The City University of New York (CUNY), the largest and most renowned urban university system in the United States, Baruch College’s Zicklin School of Business, is launching a first-of-its-kind, convenient, affordable, and accelerated Executive Master’s in Finance (EMSF) in …Read More »
– At its 9th International Convention, submits a six-point manifesto to the ministry to catalyze growth of capital markets – Also identifies new frontiers of growth for financial services amid a changing regulatory environment: ANMI by Suman Gupta Mumbai, November, 2017: Association of National Exchanges Members of India (ANMI) has drawn up a five-point …Read More »
Dale Carnegie Training India awards Axis Bank with the prestigious Dale Carnegie Global Leadership Award 2017 by Suman Gupta Gurgaon, November , 2017: Dale Carnegie Training India has announced Axis Bank as the winner of the prestigious Dale Carnegie Global Leadership Award 2017. The first runner-up award went to Capgemini, …Read More »
Financial Results for the quarter and half year ended September 30, 2017 The Board of Directors of Union Bank of India approved the accounts of the Bank for the quarter and half year ended September 30, 2017. Key Highlights Slippage `2686 crore CASA Deposits 13.7% YoY (down 40% QoQ) Gross …Read More »
Union Bank of India signs agreements with Dai-ichi Life Holdings, Inc., Japan for investment by Dai-ichi Life in Union Asset Management Company Private Ltd (Union AMC).
by Suman Gupta Mumbai – October, 2017: Union Bank of India today entered into Investment & Subscription agreements with globally leading life insurer, Dai-ichi Life Holdings, Inc., Japan (Dai-ichi Life) for their investment of Rs.133.43 crore in Union Asset Management Company Private Ltd. through Compulsorily Convertible Preference Shares (CCPS). Considering …Read More »
by Suman Gupta October 13, 2017- Mumbai: Union Bank of India, in its pursuit to give impetus to small traders and manufacturers especially in SME segment, has launched a new working capital finance scheme by the name of “UNION TRADE-GST”. We are the 1st Bank in India to have scheme …Read More »
Authored Article by: Mr. Alireza Moghaddam, Chairman, AMIDT Group IS INVESTING IN UPCOMING MARKETS A GOOD IDEA?
by Suman Gupta The first half of 2017 has seen exchange-traded funds investing in stocks from developing nations as Brazil, China, India, Mexico and Russia have taken in $10.5 billion in new money. With $127.8 billion in total assets, one-twelfth of all the money in these funds has come in …Read More »