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UBI Launches Multiple Products on its 104th Foundation Day

Published on November 14, 2022
Current Context: The Union Bank of India (UBI) celebrated its 104th foundation day by launching the Union Vyom App and various other digital products.
UBI Launches Multiple Products on its 104th Foundation Day
  • Union Vyom App is UBI’s super app and is a one-stop shop for all financial goods.
  • It is equipped to provide consumers with a unique banking experience that goes beyond traditional banking.
  • In addition to online transactions, customers can avail of Retail, MSME loan, and credit card, make investments in 5000+ mutual fund schemes, and buy insurance products without any assistance.
  • Various other digital products launched by the UBI:
  1. Union Sparsh
  2. Union Muskaan
  3. Union Channel Finance
  4. Union Digi-Sahaj
  5. Union SARAS
  • The UBI is a public sector bank that was established in 1919 with its headquarters in Mumbai. Its first head office was inaugurated by Mahatma Gandhi. Its current CEO and MD is A Manimekhalai.

Question:

Q.1 Who recently inaugurated the Vyom App?
a. SBI
b. PNB
c. UBI
d. BOB

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