Q1FY24 Performance and Strategic Initiatives
VYOM
यूनियन बैंक
ऑफ इंडिया
भारत सरकार का उपक्रम
S
Union Bank
of India
A Government of India Undertaking
G20
2023 INDIA
Initiatives Across Domains
Overview
Guidance
Q1 Highlights
Business
Financials
Asset Quality
Capital
Adequacy
Fin. Inclusion &
ESG
Strategic
Initiatives/Outcome
Group Entities
Awards
HR
Empower Her/Power
Him: Committee with
a focus on gender
centric issues
❖ 9 Union
Learning
Academies (ULA) to
build specialized
workforce
Assignment of roles &
KRAS through Role
Clarity Tool
Digital
40 Digital Journeys
including KCC & Gold
Loan STP
Initiated
Next
establishing
Generation
State-of-Art Digital
Contact Center
Å
Verticalization
✰ Transaction Monitoring
Vertical to monitor EWS
& Frauds
Dedicated Transaction
Vertical, Reconciliation
Centre & National
Processing Centre
Asset Quality
✰ Feet
on
Leveraging
network
Street,
BC
for
collections
End-to-end digital
solution
for
Wealth
Management Vertical
Recovery
Management
✰ Corporate
Relationship
Cell
Regional Collection
ISO
Analytics Centre of
Excellence
Centres,
Call
Centres
✰ Centralized
Vendor
✰ CBDC made live for
android and iOS users
Triple ܀
Certification on IT
Security (ISMS, BCMS &
ERMS) and PCI-DSS
Certification
❖ Revamped
Payment Cell
✰ Retail Asset Vertical
Customer
Module
Relationship
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