Union Bank of India Apprentice Recruitment 2026 : Notification Out for 1865 Posts

Union Bank of India has invited online applications from the eligible candidates for the 1865 Apprentice posts across the country. The candidates who possess a bachelor's degree in any stream from a recognised Indian Institute/ College/ University can apply for these posts. The application process commenced from 29 April onwards and the last date to apply is 19 May 2026. The exam will be conducted in online mode in the month of May/June as per the notification.

Particulars	Details
Recruiting Authority	Union Bank of India
Post Name	Apprentice
No. of Vacancies	1865
Exam Mode	Online
Job Location	Across India
Official Website	unionbankofindia.bank.in

Union Bank of India Apprentice Notification 2026

The candidates planning to apply for the Apprentice posts in Union Bank must go through the detailed notification before applying. The notification contains information such as the eligibility criteria, application process, application fee, examination scheme, and other related details. Download the Union Bank of India Apprentice notification 2026 through the direct link provided here.

Union Bank of India Apprentice Notification 2026

Download Here

How to Apply

Candidates can apply for the Union Bank Apprentice recruitment 2026 by following the steps given below:

• Go to the official website, unionbankofindia.bank.in. 

• Go to the bottom of the homepage and click on Career/Recruitment.

• Now click on the hyperlink Click here to apply online for “Engagement of 1865 Apprentices”.

• You will be redirected to the BFSI Employment Exchange Portal.

• You have to create a Beep account in order to apply.

• Enter the following details:

• Applicant Full Name

• Email ID

• Mobile Number

• Password

• Now click on the Submit button.

• Fill the application form carefully and upload the required documents in the prescribed format.

Union Bank of India Apprentice Recruitment 2026 Apply Link

The candidates who wish to apply for the apprentice posts can use the direct link provided here to fill the application form.

Direct Link to Apply for Union Bank Apprentice Recruitment 2026

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Union Bank of India Q4 Net profit rises 6.6%

State-owned Union Bank of India on Thursday reported a 6.6 per cent increase in net profit year-on-year to ₹5,316 crore for the fourth quarter of FY26, compared with ₹4,985 crore in the year-ago period, aided by lower provisions and operating expenses. Sequentially, net profit rose 6 per cent from ₹5,017 crore in Q3FY26.

 

Provisions declined 2.76 per cent year-on-year to ₹2,640 crore from ₹2,715 crore in Q4FY25. However, on a sequential basis, provisions rose sharply by 37.1 per cent from ₹1,925 crore in Q3FY26, mainly due to a one-time increase in standard asset provision of ₹700 crore.

Operating expenses declined 6.9 per cent year-on-year and 0.9 per cent sequentially to ₹6,863 crore in Q4FY26.

 

Net interest income (NII) for the quarter stood at ₹9,406 crore, marginally lower by 1.1 per cent year-on-year, but up 0.8 per cent sequentially. Interest earned declined 4.5 per cent year-on-year to ₹26,439 crore, while interest expenses fell 6.3 per cent to ₹17,033 crore.

 

Net interest margin (NIM) moderated to 2.64 per cent in Q4FY26, from 2.76 per cent in the previous quarter. NIM in Q4FY25 was 2.87 per cent.

“We have seen a cumulative repo rate reduction of 125 basis points, of which about 53–54 per cent has been transmitted. Despite this, our margins have remained relatively stable, with NIM moderating only from 2.91 per cent (FY25) to 2.70 per cent (FY26), a decline of just 21 basis points,” said Asheesh Pandey, MD & CEO, Union Bank of India.

Other income declined 2.6 per cent year-on-year to ₹5,412 crore in Q4 but rose 19.2 per cent sequentially. Treasury income declined sharply to ₹636 crore in Q4FY26, down 61.4 per cent year-on-year and 29.4 per cent sequentially.

 

“Treasury income has declined during the period due to market conditions. As far as regulatory limits are concerned, including the RBI’s cap on overnight positions, our exposure remained well within limits at around $30 million. We maintained a cautious stance and avoided taking large positions during a volatile phase, which ensured there was no material impact on earnings,” Pandey said.

 

Operating profit before provisions and contingencies increased 3.3 per cent year-on-year to ₹7,955 crore and rose 14.6 per cent sequentially.

“Other income in the previous year included a one-off recovery of ₹787 crore from the sale of two NARCL-backed accounts, which had sovereign guarantee support. Adjusting for that, other income declined by about 1.9 per cent year-on-year,” Pandey added.

 

On the asset quality front, gross non-performing assets (GNPA) declined 14 per cent year-on-year to ₹30,401 crore, while net NPAs fell 15.1 per cent to ₹5,067 crore during the same period. In percentage terms, the GNPA ratio improved to 2.82 per cent from 3.60 per cent a year ago, while the net NPA ratio eased to 0.48 per cent from 0.63 per cent.

On the business front, total advances grew 9.7 per cent year-on-year to ₹10.79 trillion and 6.1 per cent sequentially, indicating steady credit demand. Deposits, however, were largely flat on a yearly basis at ₹13.07 trillion, though they rose 6.9 per cent quarter-on-quarter.

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Bank Manager detained in connection with the massive Mudra loan scandal in Delhi

A top bank executive was detained on Saturday by the Uttar Pradesh Special Task Force (STF) on suspicion of being involved in a massive loan scam that was carried out under the Pradhan Mantri Mudra Yojana using fictitious names and false papers.

Former Union Bank of India branch manager Nitin Chaudhary worked as a credit manager at the bank's Basant Vihar branch in Delhi. A combined squad from the Lucknow Cyber Crime Police Station and the STF nabbed him at the Basant Vihar branch.

Raj Bahadur Gurung, a resident of Lucknow, submitted the complaint at the STF headquarters. He claimed to have signed some bank documents and engaged an intermediary to obtain a business loan. He was then told, though, that his loan application had been turned down. Surprisingly, he started getting reminders about unpaid EMI payments about five or six months later.

He discovered that two loans had already been approved in his name without his knowledge or approval when he checked his credit report. He complained to the authorities.

Under the direction of top officers, STF initiated a thorough investigation in response to the complaint. A well-run nationwide scheme including bank employees, middlemen, and document forgers was discovered through technical surveillance and information collection.

The police discovered that this scam was being run by a syndicate. According to investigations, the syndicate used identification documents including Aadhaar and PAN cards to illegally process loans in the names of gullible people. Forged signatures were utilized to finish the paperwork, and photos of gang members were digitally changed to replace the photos on these IDs. 

The STF discovered that loans totaling several crores had been fraudulently approved across many banks, targeting over 100 people and organizations. A case was filed at the Cyber Crime Police Station in Lucknow on September 13, 2025, after STF detained four suspects, including Gaurav Kumar, another Union Bank branch manager.

Subsequent interrogation and analysis of seized documents led investigators to identify Aamir Ahsan as the mastermind of the operation. He was arrested on February 15, 2026.

Nitin Chaudhary, who had been absconding, was identified as a key conspirator and was finally tracked down and arrested from Delhi.

Additional SP, STF, Vishal Vikram Singh, said that during sustained interrogation, Chaudhary revealed that he had come into contact with co-accused Naveed, a vendor associated with the bank’s regional office, during his posting in Lucknow.

Their acquaintance soon turned into a criminal partnership aimed at earning money through fraudulent loan approvals.

The gang came up with a methodical plan to take advantage of the Mudra loan scheme's weaknesses. To produce the quotes needed for loan approvals, phony businesses were established. The recipients of the loan amounts were these shell corporations, which were under the management of Naveed and Aamir.

More information will soon be made public as the police continue their investigation.

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RBI Imposes Penalties on 3 PSU Banks – Union Bank of India, Bank of India(BoI) and Central Bank of India

Union Bank of India, Bank of India, and Central Bank of India are three public sector banks that have been penalized by the Reserve Bank of India (RBI). 

Union Bank of India was penalized by the RBI Union Bank of India has been fined ₹95.40 lakh by the Reserve Bank of India (RBI). The bank was penalized for violating RBI regulations pertaining to automating asset classification procedures and minimizing client liability in unauthorized electronic transactions. 

RBI discovered the following problems after reading the bank's response and hearing its justification: 

Following reports of unauthorized activities, the bank failed to credit funds to clients' accounts within ten working days. Customers could not report unauthorized transactions to the bank around-the-clock.

For certain KCC accounts, the bank employed manual intervention in system-based asset classification. 

Bank of India was fined ₹58.50 lakh by the RBI for failing to comply with regulations pertaining to Priority Sector Lending and interest on deposits. 

Following examination and analysis, RBI discovered the following problems:

For minor priority sector loans up to ₹25,000, the bank imposed additional fees (such as processing and inspection expenses). Certain term deposits were not paid interest by the bank until they were repaid after they matured. 

The Central Bank of India was fined ₹63.60 lakh by the RBI for failing to comply with KYC and basic savings account regulations. Following examination, RBI discovered:

The bank did not upload KYC details of some customers to the Central KYC Registry on time.

The bank opened multiple basic savings accounts for customers who already had such accounts.

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BOI and Union Bank of India Latest Merger News

The government is apparently considering a massive merger between Union Bank of India (UBI) and Bank of India (BoI), one of the biggest advances in India's banking industry. This action is a component of the larger "Merger 2.0" effort, which aims to create public sector banks (PSBs) that are stronger, smaller, and more globally competitive. 

With a network of more than 12,000 branches across the country and assets potentially topping ₹25 lakh crore, the combined company would rank among India's biggest public sector banks if the merger proceeds. According to analysts, this consolidation might benefit around 25–30 crore clients, making it a significant force in India's banking industry.

Why “Merger 2.0” Matters

The government’s push for PSB consolidation is driven by several goals:

1. Global Competitiveness – Creating banks large enough to compete with international lenders.

2. Operational Efficiency – Streamlining processes and reducing non-performing assets (NPAs).

3. Credit Capacity – Strengthening the ability to fund large infrastructure projects and support MSMEs.

4. Financial Stability – Reducing fragmentation among PSBs and building stronger balance sheets.

Other Banks on the Watchlist

Union Bank and BoI are not the only institutions under consideration. Other PSBs frequently mentioned for potential future mergers include:

• Indian Overseas Bank (IOB)

• Central Bank of India

• UCO Bank

• Bank of Maharashtra

• Punjab & Sind Bank

The goal is to reduce the total number of PSBs from 12 to 4–5 large, efficient banks, capable of competing at a global level.

While official approvals are still pending, account holders should be aware of potential changes:

IFSC codes, chequebooks, and banking apps may be updated.

Enhanced digital banking services are likely after consolidation.

Broader branch networks and improved credit access for individuals and businesses.

The government emphasizes that these mergers aim to benefit customers with better service, stronger security, and more financial options.

Sources indicate that internal due diligence is underway, with a tentative target to complete operational integration by December 2026 or early FY 2026-27. However, formal notifications are still awaited from the Finance Ministry.

If implemented, the Union Bank–BoI merger would be one of the most impactful banking consolidations in India in decades, marking a bold step in the government’s strategy to modernize and strengthen public sector banks.

Stay tuned for official updates, which are expected around the Union Budget 2026 announcements on February 1, 2026.

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Union Bank of India Q3 Net profit rises 9%

State-owned Union Bank of India on Wednesday (January 14) reported a 9% year-on-year (YoY) surge in net profit at ₹5,017 crore for the third quarter that ended December 31, 2025. In the corresponding quarter of the previous fiscal, Union Bank of India posted a net profit of ₹4,604 crore, the bank said in a regulatory filing.

Net interest income (NII), representing the gap between the interest a bank generates from loans and the interest it compensates depositors, rose by 1%, reaching ₹9,328 crore compared to ₹9,241 crore in the same quarter of FY25.

In an exchange filing, the bank reported that the Gross NPA decreased by 79 basis points year-on-year to 3.06%, while the Net NPA fell by 31 basis points year-on-year to 0.51% as of December 31, 2025.

The total business of the bank saw a growth of 5.04% compared to the same period last year, as of December 31, 2025. Gross advances experienced a year-on-year increase of 7.13%, while total deposits grew by 3.36% on a year-on-year basis.

As of December 31, 2025, the total business of Union Bank of India reached ₹22,39,740 crore. The bank's global deposits rose by 3.36% year-on-year, amounting to ₹12,22,856 crore.

The bank also announced strong capital adequacy metrics. As of December 2025, the capital-to-risk-weighted assets ratio was 16.49%. Meanwhile, the CET-1 ratio rose to 13.94%, up from 13.59% the previous year.

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Serious Concern of Long Pending and Unresolved Staff Issues in this PSU Bank

According to sources, after officials filed complaints against Regional Head (RH) Dharmendra Rajoria, a number of events have taken place in Sambalpur, Odisha. Since it started in May 2025, the problem has prompted numerous investigations, discussions with upper management, and a growing level of participation from officers' associations. 

 The officers' complaints have not been addressed despite multiple representations, and some officers have been subjected to punitive action by being moved to far-off places. Events in the complaint case timeline A formal complaint alleging unprofessional behavior, workplace harassment, and unethical business activities by RH, Dharmendra Rajoria, was filed with the MDCEO in the final week of May 2025. A copy of the complaint was also sent to other relevant authorities.

In the first week of June, 2025, a departmental inquiry was conducted under the supervision of the Deputy Zonal Manager (Dy ZM) Bhubaneswar. The complainants later alleged that the inquiry report was biased, claiming their concerns were not reflected and that the findings favored RH Dharmendra Rajoria.

In the third week of June 2025, the officers sent another communication to all concerned officials, highlighting the alleged bias in the first inquiry and requesting an independent and impartial inquiry by the Central Office.

HR sent relieving orders via WhatsApp to a number of officers in the first week of July 2025, including Chief Managers, a manager, and the HR officer of Sambalpur. These orders instructed them to report to new postings by July 7, 2025. 

 On July 22, 2025, more than 50 officers participated in a second independent investigation and filed written accusations against RH Dharmendra Rajoria. According to reports, this investigation provided real data and facts about the circumstances.

No formal decision has been made even after the second inquiry has been ongoing for 75 days. According to Kanal on October 14, 2025, the All India Bank Officers' Association (AIBOA) also offered their support in a letter sent to the MD & CEO on October 9, 2025. 

 The officers continue to demand that transfer orders be revoked and that RH Dharmendra Rajoria and other suspected participants face proper disciplinary punishment, as the management continues to review the matter.

According to sources, this case appears to be a clear example of the adage "Justice delayed is justice denied." Current Events and Unresolved Issues A number of unaddressed issues within the organization are brought to light by the current case involving RH Dharmendra Rajoria. 

The matter is still open despite numerous investigations and repeated requests from cops. The officers are still looking for a just settlement and the required administrative measures.

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Bank Manager in Noida Sentenced to 4 Years Jail in Bank Fraud Case

Manoj Srivastava, the Branch Manager of Union Bank of India's SSI Branch in Noida, was sentenced to four years in prison and a fine of Rs.30,000 by a CBI court in Ghaziabad on Saturday in relation to a bank fraud case.

The CBI claims that during his tenure as Branch Manager from May 2007 to June 2009, Srivastava misused his official position and colluded with others to approve a Rs.40 lakh loan to Rajeev Buddhiraja, the owner of M/s Bharti Associates, using falsified and fabricated documentation. The bank suffered an unjustified loss as a result.

A charge sheet against Srivastava, Anil Kumar Govil (Accountant, Union Bank of India), and Buddhiraja was filed in September 2012 after the case was lodged by the CBI in December 2010. In July 2017, the court formally framed charges.

In an application to enter a guilty plea before the CBI Special Court in Ghaziabad on August 22, 2025, Srivastava acknowledged his involvement in the fraud. The court accepted his plea, found him guilty, and sentenced him on Saturday.

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