Mumbai: Union Bank of India commemorated its 107th Foundation Day at the Jio World Convention Centre, BKC, Mumbai, celebrating over a century of trust, innovation, and excellence in Indian banking. The event highlighted the Bank’s growth, digital initiatives, and its continued commitment to serving millions of customers across India.
Union Bank Marks Legacy and Progress
The celebrations were graced by M. Nagaraju, IAS, Secretary, Department of Financial Services (DFS), Ministry of Finance, Government of India, as Chief Guest. Senior officials, including MD & CEO Asheesh Pandey, Executive Directors Nitesh Ranjan, Ramasubramanian S., and Sanjay Rudra, Chief Vigilance Officer Ajay Kumar Singh, along with directors, employees, and customers, were present.
M. Nagaraju said, “Founded in 1919, Union Bank has grown into one of India’s most respected financial institutions, touching millions of lives and supporting the nation’s economic growth. Since the amalgamation, the Bank has demonstrated remarkable progress and operational synergy. Its focus on digital empowerment, customer-centric innovation, and sustainable banking will strengthen its role as a trusted partner in nation building.”
Digital Empowerment Initiatives
Asheesh Pandey, MD & CEO, highlighted the Bank’s digital push, marking the Foundation Day as a celebration of resilience and dedicated service. Union Bank launched ‘Union eBiz’, a Business Mobile Banking App for MSMEs and business customers, offering 20+ journeys and 300+ features including bulk payments, settlements, collection journeys, and access rights management. The ‘Union Ease’ retail app logo was unveiled, set to be launched soon.
Nationwide Expansion and Customer Outreach
To enhance accessibility, 51 new branches and offices across key regions were inaugurated virtually by the Chief Guest. The Bank’s presence spans 140 Regional Offices and 22 Zonal Offices, serving 16 crore customers, with a global business of ₹22.10 lakh crore as of September 30, 2025. The Foundation Day celebration saw over 9,000 attendees in Mumbai and 50,000 participants joining virtually nationwide.
Corporate Social Responsibility
Demonstrating its commitment to social service, Union Bank employees contributed ₹21.68 crore to the National Defence Fund, supporting the country’s armed forces. The event concluded with a cultural programme celebrating the Bank’s rich legacy and vision for the future.
About Union Bank of India
Founded in 1919, Union Bank of India is a leading Public Sector Bank providing comprehensive banking and financial services across the country. With a robust digital and physical presence, the Bank serves millions of customers, supporting India’s economic growth and financial inclusion initiatives.
