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  United Bank says lost hope to recover money from Kingfisher

  May 25, 2015 14:51 IST

  Mumbai: State-owned United Bank of India has become the first of the 17 lenders to publicly admit that it no longer expects to recover its dues from the beleaguered Kingfisher Airlines.Interestingly, the Kolkata-based lender was

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  United Bank cuts lending rate by 0.25%

  March 18, 2014 19:41 IST

  New Delhi: State-owned United Bank of India on Tuesday slashed its base rate, or minimum lending rate, by 0.25%.It has been decided to reduce the base rate of the bank from 10.50% to 10.25% with