Chennai: Following the recent amalgamation of Andhra Bank and Corporation Bank into Union Bank of India, Union Bank of India’s footprint has grown to include a pan-Indian network of 9500+ branches and 13,500+ ATMs.
Post amalgamation, Union Bank of India is now India fifth largest public-sector bank and fourth largest banking network, with a branch in every State of the country.
Union Bank of India has rolled out a new four-tiered organisation structure. The amalgamated entity’s central office (CO) will continue to be based out of its historic headquarters in Nariman Point, Mumbai.Central Office will be further supported by 18 zonal offices and 125 regional offices, it said.
Following the launch of the 18 zonal offices last week, Union Bank of India has announced the rollout of all 125 regional offices.
MD and CEO Rajkiran Rai G said, “with this, we have achieved one of the most significant milestones in the amalgamation journey. From an organisational perspective, all three banks are now almost completely integrated.”