Company: Union Bank Of India
Income 2005-2006 = Rs 5500 Cr (rounded off)
Net profit after tax (05-06) = Rs 700 Cr (rounded off)
Karmayog CSR Rating- 2/5
CSR activities:
Rural Development and Self Employment Training Institute (RUDSETI)Established two RUDSETIs in our Lead Districts of Ernakulam and Varanasi and a Rural Development Foundation at Alibaug, Maharashtra, with the objective of training youth in rural and semi-urban areas to take up self-employment ventures, to conduct various vocational and human resource development training programmes, to provide consultancy services etc.
Formation of Farmers’ Clubs: Encouraging formation of Farmers Clubs in villages catered by our rural branches
Introduction of Village Knowledge Centres:For the overall development of agricultural sector, Bank has introduced the innovative concept of “Village Knowledge Centres” for benefit of the farming community. These centres act as core centres for rural development activities and impart knowledge to the farmers about new developments in methods of cultivation/ technologies, proper use of fertilizers, pesticides etc. for better yield and higher income. Weather report and agro-climatic conditions, latest information on price of inputs and agriculture produce are also made available to the farmers. At these centres, farmers, landless labourers and other artisans are encouraged for formation of Self Help Groups, Farmers clubs etc.
100% Banking Habit Villages :Initiated the exercise of bringing maximum villages in each Region as 100% Banking Habit Villages” to provide banking services to each and every household.
Amount spent on CSR :No information regarding the amount spent on CSR was available on the homepage .
Contact details : Union Bank Of India
239 Vidhan Bhavan Marg,
Nariman Point
Mumbai -21 Phone (022) 22892000
Web address: http://www.unionbankofindia.co.in