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.
Key Milestones
| Sr. No. |
Year Details |
| 1 |
1961 The Cuttack Bank Limited and The Tezpur Bank Limited merged with our Bank |
| 2 |
1964 Staff Training college at Kolkata (then Calcutta) was setup |
| 3 |
1969 Our Bank was nationalised by GoI |
| 4 |
1970 Mobile branches were set up by our Bank |
| 5 |
1973 Hindusthan Mercantile Bank Limited merged with our Bank |
| 6 |
1976 Narang Bank of India Limited merged with our Bank |
| 7 |
1980 Appointed as convenor of State Level Bankers’ Committee in West Bengal,
Tripura and Manipur |
| 8 |
1993 First branch brought under total branch mechanism |
| 9 |
1995 Crossed business level of Rs. 10,000 crore |
| 10 |
2006 Crossed business level of Rs. 50,000 crore |
| 11 |
2007 Rolled out first CBS branch |
| 12 |
2007 Setup United Bank Socio – Economic Development Foundation Trust in 2007 for
rendering assistance to the weaker and under priviledge sections of the society |
| 13 |
2007 Setup the first Rural Development & Self Employment Training Institute to
provide residential training to small farmers and unemployed youth free of cost |
| 14 |
2009 Achieved 100% CBS for all its branches |
| 15 |
2009 Crossed business level of Rs. 100,000 crore |
Awards/ certifications received by the Bank
| Year |
Award and Recognition |
| 2006 |
National Award for the second best performance in financing small scale units by Ministry
of Small Scale Industries, Government of India |
| 2007 |
Golden Jubilee Award for the best bank in north east zone for excellence in the field of
khadi and village industries from the Ministry of MSME, Government of India |
| 2007-2008 |
Best Bancassurance partner byTata AIG |
| 2008 |
National Award for the best bank for excellence in field of Khadi and village 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 |
| 2009 |
National Award under Prime Minister Employment Guarantee Programme in north east
zone from the Ministry of MSME, Government of India |
|
