Union Bank of India signs MoU with Tata Hitachi


Union Bank of India today entered partnership with M/s. Tata Hitachi Construction Machinery Company Private Limited (Tata Hitachi) for extending Equipment Finance to the Customers of Tata Hitachi.

Under the partnership, Union Bank of India and Tata Hitachi have mutually agreed to pool their resources together and be associated with each other for mutual benefits. The wider reach of the Bank will help both Union Bank of India and Tata Hitachi to extend the best offering to the buyers of Tata Hitachi across the country and to increase the Bank’s portfolio under Equipment Finance.

Shares of Union Bank of India was last trading in BSE at Rs. 81.60 as compared to the previous close of Rs. 81.15. The total number of shares traded during the day was 819563 in over 2646 trades.