532477: Union Bank of India - Summary | Jitta

Union Bank of India

IND:532477

Price
₹163.80
Loss Chance
41.8%
6.80JITTA SCORE
68.32%Under Jitta Line
Jitta Ranking
11 / 59
12 / 474
21 / 5,087
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (85)
Recent Business Performance (73)
Financial Strength (83)
Return to Shareholders (57)
Competitive Advantage (67)
Jitta Signs
Revenue and EarningConsistent Growth in the past 5 years
Operating MarginExpansion
Total DepositConsistent Growth
Loan to DepositBalanced
Net Interest MarginEfficiency
Key Stats
Jitta Score
Jitta Line
6.80
68.32%
5.98
67.01%
3.87
702.53%
Diversified Banks
6.59
59.05%
7.57
60.20%
5.60
66.80%
COMPANY DESCRIPTION
Union Bank of India provides banking products and services in India. It operates in four segments: Treasury Operations, Retail Banking Operations, Corporate and Wholesale Banking, and Other Banking Operations. The company offers savings, salary, and current accounts; term deposits; retail loans comprising home, vehicle, and education, loans; personal, MSME, agriculture, foreign currency, and gold loans; loans against the property; loans for senior citizen and pensioners; and debit, credit, and gift cards. It also provides corporate loans, such as line of credit, trade finance, working capital, project financing, and channel finance; wealth management; mutual funds; life, non-life, and health insurance products; and government saving and international schemes. In addition, the company offers app, internet, doorstep, explore digital, self-service, ATM, and SMS banking services; safe deposit locker and cheque collection; positive pay and cash management systems; point of sale terminal and immediate payment; and demat and online trading services. Further, it provides ECGC cover and foreign exchange; derivatives; export and import; NRI banking; remittance; treasury; and other products and services. Union Bank of India was incorporated in 1919 and is headquartered in Mumbai, India.