United Bank of India
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United Bank of India (UBI) was a major government-owned bank headquartered in Kolkata, India. It was established in 1950 through the merger of four smaller banks and was one of the 14 major banks that were nationalized by the Government of India in 1969. UBI provided a wide range of banking and financial services, including retail banking, corporate banking, and treasury operations, primarily within India. On April 1, 2020, as part of a government-led consolidation plan, United Bank of India, along with Oriental Bank of Commerce, was merged into Punjab National Bank (PNB), making PNB the second-largest public sector bank in the country. All former UBI branches now operate as PNB branches.
India
Industry
- BankingPRIMARY
- Other Service
Financial
HQ Location