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PRESS RELEASE

United Bank of India Celebrates its 66th Foundation Day

Customer Meets were organized in the regions and
branches across the country. Financial Literacy & Mudra
Camps and Charitable Activities like distribution of Blankets
& Food Packets in orphanages, Old Age Homes had also
been organized by the regions on the eve of Foundation
Day.

Shri P. Srinivas, Managing Director & Chief Executive Officer,
of the Bank thanked all the customers, stakeholders and
well wishers for reposing their trust in the Bank for more
than six decades.

United Bank of India celebrated its 66th Foundation Day at 'United Wallet Services'
a grand function held at Science City Kolkata. Dr. Amit
Mitra, Hon'ble Minister of Finance, Govt. Of West Bengal United Bank of India is one of the first few Public Sector
was the Chief Guest on the occasion. Banks to launch Wallet Services.

The programme was presided over by Shri P. Srinivas, As the name suggests with this service one does not
Managing Director & Chief Executive Officer , United Bank need to carry his personal wallet instead he can use e-
of India, Executive Directors, Shri Sanjay Arya and K.V. wallet through which he can make utility bill payments,
Rama Moorthy, Senior Executives of other Banks, Senior recharge mobile, transfer fund to wallet from any bank
Officials of NPCI and State Government along with the account, no KYC is required.The app is available to all
customers and shareholders of the Bank graced the customers irrespective of the bank the customer is banking
occasion as distinguished guests. with. It is available on Google Play Store and can also be
accessed from the Bank's website for iOS and Windows
Hon'ble Minister of Finance, Govt. Of West Bengal, launched Platform.
a series of technologically driven services of the Bank;
United Wallet Services, IMPS based cash remittance facility 'IMPS based cash remittance facility
through Banking Correspondents (Bank Mitras) hand held through Banking Correspondents (Bank
device and United Joint Liability Group Loans- JLG Loans. A Mitras) hand held device'
Corporate Film of the Bank was also screened on this
occasion. This was followed by a cultural programme by United Bank of India is one of the few Public Sector Banks
singling stalwarts Smt. Swagata Lakshmi Dasgupta and to introduce this service. The IMPS based cash remittance
Pandit Ajoy Chakraborty. feature provides the convenience of transferring money to
anyone and anywhere in the country having an account with
The minister in his speech commended the excellent any bank. Bank Mitras engaged by the Bank are
performance of the Bank in Priority Sector Lending and said empowered to undertake this service. This service can be
that United Bank of India is Bengal's pride as the Bank had availed by any person with or without an account with
done immense work for the socio-economic upliftment of United Bank of India. The transfer will happen instantly and
the region. He recognised the efforts of the Bank for confirmation will be received via SMS. The facility is
introducing new technologically driven services especially available 24/7.
United Wallet as it would help in taking Banking to every
nook and corner of the state and country. This unique service will benefit the migrant population who
are prone to remit money through unreliable /informal
sources.

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