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Our Vision Statement United Bank of India (UBI) is one of the 14 major banks which were nationalized on July 19, 1969. Its predecessor the United Bank of India Ltd., was formed in 1950 with the amalgamation of four banks viz. Comilla Banking Corporation Ltd. (1914), Bengal Central Bank Ltd. (1918), Comilla Union Bank Ltd. (1922) and Hooghly Bank Ltd. (1932) (which were established in the years indicated in brackets after the names). The origin of the Bank thus goes as far back as to 1914. As against 174 branches, Rs. 147 crores of deposits and Rs. 112 crores of advances at the time of nationalisation in July, 1969, today the Bank is 100% CBS enabled with more than 1700 branches and offices and is having a Total business of more than Rs 1.5 lac crore. Presently the Bank is having a Three-tier organisational set-up consisting of the Head Office, 33 Regional Offices and the Branches. After nationalisation, the Bank expanded its branch network in a big way and actively participated in the developmental activities, particularly in the rural and semi-urban areas in conformity with the objectives of nationalisation. In recognition of the role played by the Bank, it was designated as Lead Bank in several districts and at present it is the Lead Bank in 30 districts in the States of West Bengal, Assam, Manipur and Tripura. The Bank is also the Convener of the State Level Bankers' Committees (SLBC) for the States of West Bengal and Tripura. UBI played a significant role in the spread of banking services in different parts of the country, more particularly in Eastern and North-Eastern India. UBI has sponsored 4 Regional Rural Banks (RRB) one each in West Bengal, Assam, Manipur and Tripura. These four RRBs together have over 1000 branches. United Bank of India has contributed 35% of the share capital/ additional capital to all the four RRBs in four different states. In its efforts to provide banking services to the people living in the not easily accessible areas of the Sunderbans in West Bengal, UBI had established two floating mobile branches on motor launches which moved from island to island on different days of the week. The floating mobile branches were discontinued with the opening of full-fledged branches at the centers which were being served by the floating mobile branches. UBI is also known as the 'Tea Bank' because of its age-old association with the financing of tea gardens. It has been the largest lender to the tea industry. The Bank has three full fledged Overseas Branches one each at Kolkata, New Delhi and Mumbai with fully equipped dealing room and SWIFT terminal . Operations of all the branches have since been computerized and Electronic Fund Transfer System came to be implemented in the Bank's branches across the country. The Bank has ATMs all over the country and customers can use United International Debit Card at all VISA ATMs across the globe. UNITED BANK OF INDIA IS A MEMBER OF BANKING CODES AND STANDARDS BOARD OF INDIA (BCSBI). OUR VISION STATEMENT Our Vision is to emerge as a dynamic, techno savvy, customer-centric, progressive and financially sound premier bank of our country with pan-India presence, Sharply focused on business growth and profitability with due emphasis on risk management in an environment of professionalism, Trust and transparency, observing highest standards of corporate governance and corporate social responsibilities meeting the expectations of all its stake holders as well as the aspirations of its employees. Essentially Pursuit of Excellence is going to be core philosophy and driving force for the bank. HISTORY United Bank of India was constituted under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 on July 19, 1969. The Head Office of the Bank was set up at 4 Clive Ghat Street (presently known as N. C. Dutta Sarani, Kolkata 700 001 which was shifted to its present location at 11 Hemanta Basu Sarani, Kolkata – 700001 in 1972 for operational efficiency. United Bank of India is one of the 14 banks which were nationalised on July 19, 1969. On October 12, 1950, the name of Bengal Central Bank Limited (established in 1918 as Bengal Central Loan Company Limited) was changed to United Bank of India Limited for the purpose of amalgamation and on December 18, 1950, Comilla Banking Corporation Limited (established in 1914), the Camilla Union Bank Limited (established in 1922), the Hooghly Bank (established 1932) stood amalgamated with the Bank. Subsequently, other banks namely, Cuttack Bank Limited, Tezpur Industrial Bank Limited, Hindusthan Mercantile Limited and Narang Bank of India Limited were merged with the Bank. Changes in our Head Office The Head Office of our Bank was set up at 4 Clive Ghat Street (presently known as N. C. Dutta Sarani, Kolkata 700001 which was shifted to its present location at 11 Hemanta Basu Sarani, Kolkata – 700001 in 1972 for operational efficiency. Awards/ certifications received by the Bank Year Award and Recognition National Award for the second best performance in financing small scale 2006 units by Ministry of Small Scale Industries, Government of India Golden Jubilee Award for the best bank in north east zone for excellence in the field of 2007 khadi and village industries from the Ministry of MSME, Government of India 2007-2008 Best Bancassurance partner byTata AIG National Award for the best bank for excellence in field of Khadi and village 2008 industries for east and north east zones from the Ministry of MSME, Government of India 2008-2009 Pinnacle Partner of the year by Tata AIG 2008-2009 Highest contibutor to lives insured by Tata AIG National Award under Prime Minister Employment Guarantee Programme in 2009 north east zone from the Ministry of MSME, Government of India BOARD OF DIRECTORS Name Designation Ms. Archana Bhargava Chairperson and Managing Director Shri D. Narang Executive Director Shri Sanjay Arya Executive Director Shri Sandeep Kumar Government Nominee Director Smt. Surekha Marandi RBI Nominee Director Shareholder Director Shri Saumen Majumder Workmen Employee Director Shri Soumitra Talapatra Part time Non Official Director Shri Srenik Sett Non Official Director Shri Hiryana Bora Shri. Sunil Goyal Part-time Non-official Director under CA Category Shri Kiranbhai B Vadodaria Part-time Non-official Director Sri. Pijush Kanti Ghosh Officer Employee Director Ms. Archana Bhargava joined United Bank of India as Chairperson & Managing Director on 23rd April 2013. Ms. Bhargava has had a brilliant academic record. A post graduate gold medalist from Miranda House, University of Delhi with schooling from the Convent of Jesus & Mary, New Delhi. Ms. Bhargava has been a National Science Talent Scholarship holder. She joined Punjab National Bank as Management Trainee in 1977. After an exemplary career of 34 years in Punjab National Bank working in various key areas including Large Corporate Credit, Priority Sector, Planning & Development, Financial Inclusion she got elevated to Executive Director, Canara Bank in April 2011. As Executive Director, Ms. Bhargava was looking after strategic departments like International Banking, Large Corporate Credit, Priority Sector, Risk Management, Inspection & Audit, General Administration, Financial Management, all nine subsidiaries of Canara Bank and various other departments. Ms. Bhargava has also worked abroad in UK and travelled widely to several continents like Europe, Africa, America, Middle East & Far East Asia. She has received several awards for outstanding performance from various Government Agencies/Accredited agencies. She has a passion to promote inclusive growth. Shri D.Narang assumes charge as the Executive Director of United Bank of Indiawith effect from 01st, March, 2012. Shri Narang started his career as Management Trainee (JMGS, Scale-I) with Allahabad Bank on 02nd Jan, 1978. During his long career in Allahabad Bank, he diligently worked in various capacities in Branches and Regions. He headed five key Zonal/Regional Office namely Ludhiana, Chandigarh, Ahmedabad, New Delhi & Mumbai before he was finally elevated to the post of General Manager on 28th Apr, 2006. He worked as General Manager- Recovery and General Manager-Credit at Allahabad Bank before he assumed the charge of Executive Director at United Bank of India Contact Detail Phone No.: 033-22487523,033-22485853 emaild: [email protected] [email protected] Shri Sanjay Arya Executive Director United Bank of India Shri Sanjay Arya assumes charge as the Executive Director of United Bank of Indiawith effect from 18th June, 2012. Shri Arya started his career as Officer Trainee on 01st June, 1977 with Bank of Maharashtra. He has wide experience spanning more than 34 years working in various capacities in the Bank. During his long career in Bank of Maharashtra, he had diligently worked as Branch Head, covering Rural, Semi- Urban, Urban and Metropolitan branches in 5 different states. He has successfully led IBR Dept, Accounts, Investment & Funds Management Dept. of the Bank. He also headed the largest region of BoM, i.e. Mumbai Region, as General Manager. His last assignment with Bank of Maharashtra was General Manager Credit (Priority & Mid corporate), before assuming the charge of Executive Director at United Bank of India on 18th June,2012 Contact Detail emaild: [email protected] Name Portfolio Phone - E-mail Office Shri 033- Ambarisha Planning Publicity 22106803 Nanda [email protected] Shri Debasis Credit-CBG 033- [email protected] Mukherjee 22435611 Shri Deb Integrated Risk 033- [email protected] Guha Management 22314075 Shri 033- Naresh Audit & Inspection [email protected] 22426474 Kapoor Shri Vikash Accounts & Govt. 033- S. [email protected] Transaction 22489565 Khutwad Shri Sanjay Treasury, IBD & Merchant 033- [email protected] Kumar Banking 22480499 Shri Biren Kumar 033- Legal & Customer Service [email protected] Pattnaik 22488645 Shri Rathin 033- IT & ADC [email protected] De 22489260 Shri Manas Priority Sector, & Financial 033- [email protected] Dhar Inclusion 22318371 Shri Sasi 033- Sekhar CVO [email protected] 22489035 Mishra Shri Satya 033- Narayan Monitoring & CPPI [email protected] 22623119 Sahu .
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