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Wednesday, August 26, 2026

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TopicUnion bank of India

Topic: Union bank of India

India’s public banks outpace private banks in efficiency, says EAC-PM report, recommends more AI use

New working paper by Economic Advisory Council to Prime Minister (EAC-PM) says that 'contrary to popular perceptions, public sector banks' efficiency improved to 93.12& in FY26'.

Orphan son denied compassionate appointment over father’s ‘unsatisfactory’ service. Then, HC stepped in

The Madhya Pradesh High Court has ordered the bank to issue a reasoned order within 60 days and pay the son Rs 50,000 as compensation for the harassment caused.

‘Intention to cheat’—bank’s case against Reliance Home Finance as CBI raids ex-director Jai Anmol Ambani

CBI has booked Anil Ambani’s son on Union Bank of India’s complaint against his finance firm that caused alleged loss of Rs 228 crore. Raids were conducted Tuesday.

Under Modi govt, top bosses of PSU banks have stopped getting extensions

In the past six years, at least six top public sector bankers have not been given an extension by the Modi govt, despite being eligible for it.

Union Bank of India pulls out of ‘fraud-hit’ diamond hub Antwerp

The viability of the branch isn't established because of low business, particularly from the diamond sector, says CEO Rajkiran Rai Gundyadka.

On Camera

Hijab is a choice. Why are we so uncomfortable when Muslim women freely choose it?

A woman forced to wear a hijab is undoubtedly experiencing coercion. But so is a woman prevented from wearing one. Both situations are the same—the denial of choice.

India’s public banks outpace private banks in efficiency, says EAC-PM report, recommends more AI use

New working paper by Economic Advisory Council to Prime Minister (EAC-PM) says that 'contrary to popular perceptions, public sector banks' efficiency improved to 93.12& in FY26'.

India, UK set to ink inter-government pact for electric propulsion of 4 Landing Platform Docks

Inter-Governmental Agreement will be for development of Integrated Full Electric Propulsion technology on four LPDs to be built in India, say British officials.

Munir’s latest power grab is proof of his paranoia. Dictatorship and delusion go together

At some point Pakistani dictators begin to show paranoia. That’s the strategic reality most relevant to India since the late fifties. Munir’s case is worse, like some sudden acrophobia.