UNITEDBNK

Members of the Exchange are hereby informed that the trading in Equity Shares of United Bank of India shall be suspended w.e.f. March 23, 2020 (i.e. closing hours of trading on March 20, 2020) on account of Scheme of Amalgamation of United Bank of India with Punjab National Bank.

UNITEDBNK: The Exchange had sought clarification from United Bank of India with respect to announcement dated 26-Apr-2019, regarding Change in Director(s) of the company.". On basis of above the Company was required to clarify following: 1. Brief profile (in case of appointment)The response of the Company is attached.

UNITEDBNK:The Exchange has sought clarification from United Bank of India with respect to announcement dated 26-Apr-2019, regarding Change in Director(s) of the company.". On basis of above the Company is required to clarify following: 1. Brief profile (in case of appointment)The response of the Company is awaited.

The Exchange had sought clarification from the Company with respect to news item captioned EOW financial audit says 5 nationalised banks, besides BoM, flouted RBI norms. Consortium, including SBI, IDBI, UBI, BoM, Syndicate and Vijaya bank, approved Rs.600 crore loans to DSK . The response from the Company is attached.

The Exchange has sought clarification from the Company with respect to news item captioned EOW financial audit says 5 nationalised banks, besides BoM, flouted RBI norms. Consortium, including SBI, IDBI, UBI, BoM, Syndicate and Vijaya bank, approved Rs.600 crore loans to DSK In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronol

The Exchange had sought clarification from United Bank of India with respect to announcement dated 29-Mar-2018, regarding Credit Rating".On basis of above the Company is required to clarify following:1. In case of downward rating, the disclosure may include reasons published by rating agency for such downward rating.The response of the Company is attached.

UNITEDBNK:The Exchange has sought clarification from United Bank of India with respect to announcement dated 29-Mar-2018, regarding " United Bank of India has informed the Exchange regarding Credit Rating". On basis of above the Company is required to clarify following: 1. In case of downward rating, the disclosure may include reasons published by rating agency for such downward rating.<br> The response of the Company is awaited.

The Exchange had sought clarification from the Company with respect to news item captioned ��Money laundering: ED files another case in alleged Rs 1.73-bn fraud at UBI��. The response from the Company is attached.

The Exchange has sought clarification from the Company with respect to news item captioned "Money laundering: ED files another case in alleged Rs 1.73-bn fraud at UBI" -In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company is aware of any in

UNITEDBNK:The Exchange has sought clarification from United Bank of India with respect to announcement dated 01-Dec-2016, informing that the Board of Directors of the Bank has designated Sri. Naresh Kumar Kapoor, General Manager, as the Chief Financial Officer (CFO) of the Bank w.e.f. December 5, 2016, in place of Sri. Sanjay Kumar, General Manager.On basis of above the Company is required to clarify following:1. Brief profile (in case of appointment);The response of the Company is attached.

UNITEDBNK:The Exchange has sought clarification from United Bank of India with respect to announcement dated 01-Dec-2016, informing that the Board of Directors of the Bank has designated Sri. Naresh Kumar Kapoor, General Manager, as the Chief Financial Officer (CFO) of the Bank w.e.f. December 5, 2016, in place of Sri. Sanjay Kumar, General Manager.On basis of above the Company is required to clarify following:1. Brief profile (in case of appointment);The response of the Company is awaited.

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."

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."

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."

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."