UNITEDBNK

United Bank of India has submitted to the exchange the standalone financial results along with the Limited Review Report for the period ended 30-Jun-2014.

United Bank of India has informed the Exchange regarding a Preferential Allotment of 8.45 crore equity shares aggregating Rs. 300crore.

News Verification : The media had reports that "Top Banking Sources confirm IDBI has been asked to merge United Bank into itself.". The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. United Bank of India has vide its letter inter-alia stated," No negotiations are taking place for the merger of the Bank with any other Bank."

United Bank of India has informed the Exchange that Sri. Sunil Goyal, Part-time, Non-official Director under CA Category and Chairman of the Audit Committee has vacated his office upon completion of his tenure on July 21, 2014. The Chairman of the Audit Committee will be nominated by the board shortly.

United Bank of India has informed the Exchange regarding voting results of the Annual General Meeting held on June 18, 2014.

United Bank of India has informed the Exchange regarding synopsis of RBI Letter.

United Bank of India has submitted to the Exchange a copy of notice of the Annual General Meeting scheduled to be held on June 18, 2014.

United Bank of India has informed the Exchange that the Company has fixed Book Closure from June 11, 2014 to June 18, 2014 for the purpose of Annual General Meeting of the Company.

United Bank of India has informed the Exchange that the Annual General Meeting of the Company will be held on June 18, 2014.

United Bank of India has informed the Exchange that the Bank has filed the winding up petition u/s 433, 434 and 439 of the Companies Act 1956 against REI Agro Ltd. vide petition no. 436 (of 2014) in the High Court at Kolkata.

United Bank of India has submitted to the exchange the standalone financial results for the period ended 31-Mar-2014.

United Bank of India has informed the Exchange that Sri Sanjay kumar, General Manager has been designated as the CFO of the Bank in place of Sri V Sundaresan, General Manager.

United Bank of India has submitted to the Exchange the copy of the Notice being sent to all Shareholders of the Bank on Nomination of new directors on the Board of the Bank.

United Bank of India has informed the Exchange regarding change in Base Rate of the Bank w.e.f.March 24, 2014

United Bank of India has informed the Exchange that the, Ministry of Finance, Govt. of India, vide its Notification F.No.6l3l2011- B.O.I dated March 13, 2014, in exercise of the power conferred in it by Clause (c) of sub-section (3} of Section 9 of The Banking Companies (Acquisition & Transfer of Undertakings) Act 1970 read with sub-clause (1} of clause (3} of the Nationalised Banks (Management and Miscellaneous Provisions} Scheme 1970, has nominated Smt. Parvathy V Sundaram, Chief General Manager, Reserve Bank of India, in place of Smt. Surekha Marandi, Chief General Manager, Reserve Bank of

United Bank of India has informed the Exchange regarding a press release dated February 24, 2014.

News Verification : The media had reports that United Bank likely to merge with Union Bank. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the company. United Bank of India has vide its letter inter-alia stated,"There is no information with us of the Bank getting merged with any other PSU/Private Bank including Union Bank of India. The reports appearing in the media are baseless."

United Bank of India has informed the Exchange regarding the conversion of perpetual non-cumulative prefeence shares (PNCPS) into Equity Shares.

United Bank of India has informed the Exchange that the Ministry of Finance vide its letter F.No.13/3/2013- BO.1 dated February 21, 2014 has communicated its acceptance to the application for voluntary retirement of Smt. Archana Bhargava, Chairperson & Managing Director of the Bank w.e.f. February 20, 2014. In absence of the Chairman & Managing Director both the Executive Directors shall jointly remain in charge of the Bank, till such time that a regular incumbent takes over the charge of CMD.

United Bank of India has submitted to the Exchange a copy of Email which is issued by the bank in reply to the email queries received from the press reporter.

The Exchange had sought clarification from United Bank of India with respect to a news item captioned "United Bank of India (UBI) employees fear penalty over lapses". The Bank has clarified that "the Bank has not issued any official statement to the Press in connection with the contents of the news item mentioned therein. As per the policy of the Bank, it does not own any responsibility of any comments made by any anonymous individual/official. As such, the Bank does not have any comment to make on the news item."

United Bank of India has informed the Exchange regarding a Press Release dated February 17, 2014 titled "United Bank of India holds meeting of its Regional Heads".

United Bank of India has informed the Exchange that the Board of Directors of the Bank has approved by circulation raising of Tier-I capital up to Rs.1000.00 cr.

United Bank of India has informed the Exchange that the Bank has increased its Base Rate from 10.25% to 10.50% w.e.f. February 13, 2014. Further the Bank has reduced its deposit rate from 8.75% to 8.50% for all deposits of 1 year and above w.e.f. February 13, 2014.

The Exchange had sought clarification from United Bank of India with respect to a news item captioned "United Bank to focus all energies on recovery of bad loans". The Bank has clarified that "The Bank has not issued any official statement to the Press in general and in connection with respect to the news in particular. As per the policy of the Bank, it does not own any responsibility of any comments made by any anonymous individual/official. As such, Recovery is a part of normal Banking activities and the Bank continues to emphasize and maximize Recovery of bad loans at all levels."

United Bank of India has submitted to the exchange the standalone financial results for the period ended 31-dec-2013.

United Bank of India has informed the Exchange that Smt. Renuka Muttoo has been nominated vide Notification dated January 24, 2014 of the Ministry of Finance, Government of India as Part time Non-official Director of the Bank in terms of Section 9(3)(h) and 9(3-A) of the Banking Companies (Acquisition & Transfer of Undertakings) Act 1970, read with Clause 3(1) of The Nationalized Banks (Management & Miscellaneous Provisions) Scheme 1970, for a period of three years, from the date of Notification of her appointment or until further orders.

United Bank of India has informed the Exchange regarding the changes in Statutory Central Auditors of the Bank.

United Bank of India has submitted to the Exchange vide letter dated December 27, 2013 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 along with a copy of Disclosure under Regulation 13(3) and (6) of SEBI (Prohibition of Insider Trading) Regulations, 1992.

United Bank of India has informed the Exchange that pursuant to Special Resolution passed at the Extraordinary General Meeting of the Bank held on December 23, 2013, the Bank has completed the allotment of 18,00,41,152 (Eighteen Crore Forty One Thousand One Hundred and Fifty Two) equity shares of the Bank to "President of India" on December 24, 2013 upon receipt of the entire application money.

United Bank of India has informed the Exchange regarding an Outcome of Extraordinary General Meeting of the Bank held on December 23, 2013 pursuant to clause 35A of the Listing Agreement.

United Bank of India has submitted to the Exchange a copy of the Notice of Extra Ordinary General Meeting of the Bank to be held on December 23, 2013.

United Bank of India has informed the Exchange that Sri. Saumen Majumder, Shareholder Director has vacated his office upon completion of his tenure w.e.f. November 27, 2013. He was also the member of the Audit Committee of the Board of Directors. With the vacation of office of Sri. Majumder, until nomination of new Independent Director/s by the Central Government, the number of Independent Directors on the Audit Committee shall be below the required minimum of 2/3rd of the total Audit Committee members.

United Bank of India has informed the Exchange that an Extraordinary General Meeting (EGM) of the Company will be held on December 23, 2013.

United Bank of India has submitted to the exchange the standalone financial results for the period ended 30-sep-2013.

United Bank of India has informed the Exchange that the Board of Directors of the Bank at its meeting held on November 09, 2013, has approved Preferential Allotment of Equity Shares to the President of India acting on behalf of the Government of India under Chapter VII of the SEBI ICDR Regulations 2009, pursuant to the approval of the Ministry of Finance vide its letter dated October 22, 2013 to the Infusion of capital in the form of common equity in the Tier-I capital of the Bank to the tune of Rs.700cr. subject to approval of the shareholders of the Bank.

United Bank of India has informed the Exchange that the Audit Committee of the Board of Directors has been reconstituted by induction of Sri. Mihir Kumar, Govt. of India Nominee Director and Sri. Pratyush Sinha, Shareholder Director in places of Sri. Sandeep Kumar and Sri. Srenik Sett. Further the Company has informed that, the Shareholders' Committee of the Board has been reconstituted by inclusion of Sri. Pratyush Sinha, Shareholder Director.

United Bank of India has informed the Exchange that Shri Nihir Kumar, Director - Minitstry of Finance, Govt. of India has been nominated vide Notification F. No. 6/3/2012-BO.I dated September 30, 2013 of the Ministry of Finance, Government of India as Director of the Bank in terms of Section 9(3)(b) of the Banking Companies (Acquisition & Transfer of Undertakings) Act 1970, read with Clause 3(1) of The Nationalized Banks (Management & Miscellaneous Provisions) Scheme 1970, in place of Shri Sandeep Kumar, Director - Ministry of Finance, w.e.f the date of the said Notification till further notic

United Bank of India has submitted to the Exchange, vide letter dated October 03, 2013 a copy of the Notice circulated to all shareholders of the Bank regarding election of Sri Pratyush Sinha as Shareholder Director of the Bank.

United Bank of India has informed the Exchange that at the Extra-ordinary General Meeting of the Bank held on September 13, 2013, Sri. Pratyush Sinha has been elected as the Director of the Bank from amongst the Shareholders of the Bank other than the Central Government pursuant to the provision of Section 9(3)(i) of The Banking Companies (Acquisition and Transfer of Undertakings) Act 1970.

United Bank of India has informed the Exchange regarding the proceedings and the details of Voting results at the Extra Ordinary General Meeting of the Company held on September 13, 2013 under Clause 35A.

United Bank of India has informed the Exchange that the Bank has received the following 2 valid nominations for contesting the election for one directorship in the Bank from amongst the shareholders other than Central Government u/s 9(3)(i) of the Banking Companies (Acquisition & Transfer of Undertakings) Act 1970 .

United Bank of India has informed the Exchange regarding the Revised Cut-Off Date in connection with the election of one director from amongst Shareholders other than the Central Government, pursuant to Section 9 (3) (i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. The Bank has now informed the Exchange that the Extraordinary General Meeting of the Shareholders of the Bank scheduled on September 05, 2013 for conducting the aforesaid election has been postponed to September 13, 2013.

United Bank of India had informed the Exchange that the August 05, 2013 has been fixed as the Cut-Off Date for the purpose of determining the shareholders who shall be entitled to participate i.e., nominate, contest and vote in election of one director from amongst Shareholders other than the Central Government, pursuant to Section 9 (3) (i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 at an Extraordinary General Meeting to be held on September 05, 2013 for the said purpose. United Bank of India has now informed the Exchange that the said Cut-off Date stands ex

United Bank of India has submitted to the Exchange the Standalone Financial Results along with the Limited Review Report for the period ended June 30,2013.

United Bank of India has informed the Exchange that the August 05, 2013 has been fixed as the Cut-Off Date for the purpose of determining the shareholders who shall be entitled to participate i.e., nominate, contest and vote in election of one director from amongst Shareholders other than the Central Government, pursuant to Section 9 (3) (i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 at an Extraordinary General Meeting to be held on September 05, 2013 for the said purpose.

United Bank of India has submiited to the Exchange a copy of the general communication to be sent to all shareholders of the Bank on the appointment of the new Workmen Employee Director of the Bank.

United Bank of India has informed the Exchange that the Bank has completed the allotment of Rs. 500cr. BASEL-III compliant unsecured Tier-II Bonds of 10 years at a coupon rate of 8.75% per annum on Private Placement basis to Life Insurance Corporation of India. The issue has been rated AA+ by CRISIL and Brickwork.

United Bank of India has submitted to the Exchange a copy of the Proceedings of the Annual General Meeting of the Bank held on June 21, 2013.

United Bank of India has informed the Exchange that the dividend if declared at the Annual General Meeting Shall be transfered to the designated dividend account within 5 days of declaration and the payment of dividend to shareholders shall start on and from June 25, 2013.