Union Bank In Karnataka

Union Bank serves the State of Karnataka with a network of 122 branches and 117 ATMs. All the 122 branches are under Core Banking network offering anytime any where banking. The Bank has 52 rural semi-urban branches and 70 metro-urban branches.  The Bank has branch expansion plan of opening 12 branches during the current fiscal in the State.
Our Karnataka Branch network is supported by a management team comprising of a Field General Manager’s office in Bangalore and 2 Regional Offices across the State, Bengaluru and Belgaum.
Business Profile: As on date the Bank has a business mix of Rs.8291 crores in the State of Karnataka.  Total deposits are Rs.3934 crores and advances are Rs.4357 crores.   The Credit Deposit Ratio of the State is 110.08%.
The current year target is to reach a business mix of Rs.10500 crs by March ’10 – Rs.5460 crs in deposits and Rs. 5040crs in advances, which will translate to a growth of 32.15%.
Advances to priority Sector are Rs.1532 crores constituting 35% of the total advances, of which advances to Agriculture is at Rs.580 crores and MSME sector is Rs.602 crs. 
The Retail portfolio as on date is Rs.768 crores.
The Bank has made good strides in new customer base, adding 1.02 lakh new savings accounts in the current year so far.
Village Knowledge Centers: The Bank has 8 Village Knowledge Centers in the State. These centers are an innovation of the bank where technology is leveraged to empower the rural population with knowledge on crops, fertilizers, prices and so on. 

About Union Bank of India
Union Bank of India, one of the largest PSBs with a wide network of 2757 Branches and 2241 ATMs has maintained continuous growth record in all business parameters. Domestic Business mix of the Bank stood at Rs. 248496 crores as of Sep’09, up by 22.72% on Y-o-Y basis. Bank’s total deposits grew by 28.57% to Rs.149066 crs and total advances reached a level of Rs.99430 crs as on 30th Sep’09, registering an increase of 14.88% Y-o-Y. The Bank by leveraging on the 100% networking of branches under CBS, already offers the best of Technology Products such as Debit/Credit/Prepaid Cards, Internet Banking, SMS Banking, Mobile Banking, Point of Sales and State of Art Call Centre.