Union Bank

Union Bank of India is one of the leading public sector banks of the country. The Bank is a listed entity, and the Government of India holds 74.76 percent in Bank's total paid-up capital. The Bank, having its headquarters at Mumbai (India), was registered on November 11, 1919 as a limited company. On 1st April 2020, Andhra Bank and Corporation Bank were amalgamated into Union Bank of India. Our Bank has a network of 8,400+ domestic branches, 9,300+ ATMs, 74,500+ employees and 19,500+ Business Correspondents . The Bank has expanded its presence across all States and Union Territories. The Bank's total business as of 30th June 2024 stood at ₹ 21,36,405 crore, comprising ₹ 12,24,191 crore of deposits and ₹ 9,12,214 crore of advances. The Bank also has 2 overseas branches at Dubai International Financial Centre (UAE) & Sydney (Australia); 1 banking subsidiary at London (UK); 1 banking joint venture in Malaysia; 4 para-banking subsidiaries (domestic); 2 joint ventures and 1 associate - Chaitanya Godavari Gramin Bank. Union Bank of India is the first large public sector bank in the country to have implemented 100% core banking solution. The Bank has received several awards and recognition for its prowess in technology, digital banking, financial inclusion, MSME and development of human resources. Do not share your Mobile Number, Account Details, Card details or any other Personal Detail publicly on social media. Avoid clicking unknown links or downloading APKs from emails or messages. Stay alert and cyber-safe

Banking Mumbai, India Founded 1911 ~7,376 employees NSE: UNIONBANK

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Employees
7,376
-0.2% in the 3 months to Oct 2024
Revenue / employee
$1.8M
Revenue ~$13B
Stock
UNIONBANK
NSE
12-month attrition
2.7%
Tech: 23.6%
H1B sponsor
NA

Headcount trend

Union Bank went from 6,949 employees in Nov 2022 to 7,376 in Oct 2024. May to Oct 2024: 68 people joined, 68 left.

Headcount data through Oct 2024

Org structure

Headcount by department

Other6,510
Operations289
Marketing243
Sales88
Finance85
HR73
Success69
Engineering18

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Union Bank FAQ

How many employees does Union Bank have?

Union Bank has about 7,376 employees, down 0.2% over the 3 months to Oct 2024.

What is Union Bank's revenue per employee?

Union Bank makes about $1.76M in revenue per employee, based on $13.01B annual revenue and 7,376 employees.

How much does Union Bank pay?

6figr has 113 salary profiles for Union Bank in the US and 62 in India, with pay broken down by role, level, gender and ethnicity on the Union Bank salaries page. See Union Bank salaries in the US

Is Union Bank a public company?

Yes. Union Bank is publicly traded under the ticker UNIONBANK on NSE.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.