PANAJI
Union Bank of India celebrated its 108th Foundation Day on November 11 with a function at Panjim Gymkhana, Campal, marking over a century of banking services. The event was attended by RBI Regional Director V Anup Chandran, Union Bank Regional Head Ajit Lagjomji and Regional Assurance Head Bhawesh Prakash, among other dignitaries, employees, customers and stakeholders.
As part of the celebrations, the bank announced a contribution of Rs 11.17 crore towards the National Defence Fund by its employees and Rs 13.72 crore towards corporate social responsibility activities. The bank also launched several digital banking products and services, including online locker facilities, digital loans against PPF, UPI services, mobile passbooks and retail internet banking with an omnichannel experience.
Former SEBI chairman M Damodaran virtually announced the opening of 108 new branches across the country, including 25 in the North Eastern region, to strengthen the bank’s reach and accessibility. The celebrations were held across the bank’s offices and branches nationwide.
