<Tr> <Th> Capital ratio </Th> <Td> 10.56% (2016) </Td> </Tr> <Tr> <Th> Website </Th> <Td> www.unionbankofindia.co.in </Td> </Tr> <P> Union Bank of India (UBI; BSE: 532477) is one of the largest government - owned banks of India (the government owns 63.44% of its share capital). It is listed on the Forbes 2000, and has assets of USD 13.45 billion . All the bank's branches have been networked with its 7,642 ATMs as on 31 March 2018 . Its online Telebanking facility are available to all its Core Banking Customers - individual as well as corporate . As of 31st March, 2018, UBI has 4301 branches . Four of these are overseas in Hong Kong, Dubai International Financial Centre, Antwerp, and Sydney (Australia). UBI also has representative offices at Shanghai, Beijing and Abu Dhabi . Lastly, UBI operates in the United Kingdom through its wholly owned subsidiary, Union Bank of India (UK). </P> <P> Union Bank of India (Union Bank) was registered on 11 November 1919 as a limited company in Mumbai and was inaugurated by Mahatma Gandhi . At the time of India's Independence in 1947, Union Bank of India had only four branches - three in Mumbai and one in Saurashtra, all concentrated in key trade centres . After Independence, the growth is accelerated and by the time the Indian government nationalized it in 1969, it had 240 branches . Shortly after nationalisation, Union Bank of India acquired Belgaum Bank, a private sector bank established in 1930 that had itself merged in a bank in 1964, the Shri Jadeya Shankarling Bank (Bijapur; incorporated on 10 May 1948). Then in 1985 Union Bank of India acquired Miraj State Bank, which was established in 1929, and which had 26 branches . In 1999 the Reserve Bank of India requested that Union Bank acquire Sikkim Bank in a rescue after extensive irregularities had been discovered at the non-scheduled bank . </P>

Total number of branches of union bank of india