The Reserve Bank of India (RBI) on Friday said it has imposed penalties on Union Bank of India and Transactree Technologies for non-compliance with certain regulatory norms. A penalty of Rs 63.6 lakh has been imposed on Union Bank of India for non-compliance with the certain provisions of Banking Regulation Act, 1949 and certain directions on 'Credit Flow to Agriculture -- Collateral free Agricultural Loans', the RBI said. In another statement, it said a penalty of Rs 40 lakh has been imposed on Transactree Technologies Pvt Ltd (also referred to as 'Lendbox') for non-compliance with certain provisions of the 'Non-Banking Financial Company -- Peer to Peer Lending Platform (Reserve Bank) Directions, 2017'. In both cases, the RBI said the penalties are based on deficiencies in regulatory compliance and not intended to pronounce upon the validity of any transaction or agreement entered into by the entities with its customers.

Union Bank of India is trading below its 100 day SMA of 139.7

Union Bank of India

23 May 2025

138.51

2.30%

Company Update

Union Bank of India - 532477 - Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, …

BSE India

Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015, as amended.

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Union Bank of India

23 May 2025

138.51

2.30%

Company Update

Union Bank of India - 532477 - Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, …

BSE India

Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015, as amended.

pdf

Union Bank of India

22 May 2025

138.51

2.30%

Corp. Note

Union Bank of India - 532477 - Disclosure under Regulation 30A of LODR

BSE India

Disclosure pertaining to Analysts/Investors meet/Call-Outcome

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Union Bank of India

17 May 2025

138.51

2.30%

Company Update

Union Bank of India - 532477 - Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, …

BSE India

Disclosure under Regulation 30 of SEBI (LODR) Regulation 2015, as amended.

pdf

Union Bank of India

16 May 2025

138.51

2.30%

Corp. Note

Union Bank of India - 532477 - Disclosure under Regulation 30A of LODR

BSE India

Union Bank of India informed the exchange about analyst/investors meet/Call-Schedule

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Union Bank of India

16 May 2025

138.51

2.30%

Corp. Note

Union Bank of India - 532477 - Disclosure under Regulation 30A of LODR

BSE India

Union Bank of India informed the Exchange about transcript of Post Earning Call held on May 09,2025.

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Union Bank of India

14 May 2025

138.51

2.30%

Can Union Bank maintain its momentum after a 13% stock surge?

Economic Times

The loan book grew by 9.5% to 9.5 lakh crore while deposits rose by 7.2% to 13.1 lakh crore year-on-year compared with 6.7% and 3.8% growth in the previous quarter, respectively. Credit growth was buoyed by 22.1% increase in retail loan book and 12.5% rise in the micro, small, and medium enterprises (MSME).

Union Bank of India is trading above its 200 day SMA of 128.7

Union Bank of India

13 May 2025

138.51

2.30%

Canara, Union Bank announce special deposit schemes to boost growth

Business Standard

Amid muted deposit growth, Canara and Union Bank launch targeted deposit products offering higher interest, health insurance, and personalised support services

Union Bank of India has an average target of 150.80 from 5 brokers.

Union Bank launches Wellness Deposit', integrating health insurance with term deposit for retail customers

Business Line | 13 May 2025

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Hold 9.06%

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