Industries, exports, trading, agriculture, infrastructure and the individual segments. Union Bank has been playing a very proactive role in the economic growth of India and it extends credit for the requirements of different sectors of economy including The Bank now operates through over 4318 branches across the country and has shown a steady profit during all 96 Union Bank of India was founded on 11 November 1919 with its headquarters in Mumbai, being inaugurated by Mahatma Gandhi, in the year 1921.
#UNITED INDIA INSURANCE COMPANY LTD WIKIPEDIA CODE#
It pioneered the introduction of the Health Code System inġ982, for evaluating/rating its credit portfolio.Īt present, the Bank has overseas presence in 22 foreign countries spread over 5 continents – with 60 offices including 5 Subsidiaries, 5 Representative Offices andġ Joint Venture, at key banking and financial centres viz., Tokyo, Singapore, Hong Kong, London, Jersey, Paris and New York. The Bank is also a Founder Member of SWIFT in India. Nationalised bank to establish a fully computerised branch and ATM facility at the Mahalaxmi Branch in Mumbai. The Bank came out with its maiden public issue in 1997 and a follow-on Qualified Institutions Placement in February 2008. In business volume, the Bank occupies premier position among nationalised banks.īranches across India that are controlled through 54 Zonal Offices. Of Rs.50 lakh and 50 employees, today the Bank has a strong national presence and sizable international operations. These strengths and values have been inherited by SUD Life, as we make our way to becoming the next rising star in the Indian life insurance business, promising exceptional value to all.īank of India was founded on 7th September, 1906 and was under private ownership and control till July 1969, when it was nationalised along with 13 other banks.īeginning with one office in Mumbai, and a paid-up capital The promoters of SUD Life have a long-term commitment towards their customers and stakeholder. We are committed to providing insurance products that serve our customers’ unique needs across various strata of society and geographies. India have sponsored select Regional Rural Banks, which provides SUD Life access to more than 1950 branches that make life insurance products available in rural areas.Įstablished in 1902, Dai-ichi Life is the second largest life insurance company of Japan and is one of the top ten life insurers globally, renowned for sound product knowledge, superior asset management skills, and strong operational capabilities to manage life insurance businesses.Īt SUD Life, our customers are our priority. With a robust collective network of over 15,000 bank branches catering to more than 9.2 million customers, SUD Life has one of the largest life insurance distribution footprints in India. Founded in 2009, Star Union Dai-ichi Life Insurance (SUD Life) is a joint venture between two of India's leading public sector banks, Bank of India and Union Bank of India, and Dai-ichi Life Holdings, a leading life insurance company in