LIC and UBI signed an agreement to distribute its policies July 25, 2020 Union Bank of India signed an agreement with Life Insurance Corporation of India (LIC) for a corporate partnership in distributing LIC policies to its customers.
Govt extends Union Bank of India CEO Rajkiran Rai’s term by another two years July 1, 2020 The government has continued Union Bank of India(UBI) CEO Rajkiran Rai’s term by added two years until his retirement on May 31, 2022.Rai had started as the CEO of the Mumbai-based lender on July 1, 2017.
Birupaksha Mishra appointed as director at Union Bank of India April 14, 2020 Birupaksha Mishra becomes Executive Director of Union Bank of India, after its amalgamation with Corporation Bank and Andhra Bank.Prior to this, Birupaksha Mishra was Executive Director at Corporation Bank.