May 07, 2026 07:24 am (IST)
Follow us:
Arun Jaitley inaugurates Sydney branch of Union Bank of India
Sydney, Mar 29 (IBNS) Union Finance Minister Arun Jaitley, who arrived in Sydney on Tuesday on a four-day official tour of Australia, inaugurated the Sydney Branch of the Union Bank of India in Sydney on the same day.
During the inauguration, the minister said that the banks have to play an important role in achieving the higher growth rate in the country. He said that the banks would be provided sufficient funds to recapitalise them.
Navdeep Suri, High Commissioner of India in Australia, and Arun Tiwari, Chairman & Managing Director, Union Bank of India were also present.
The Union Bank of India is the fifth largest nationalized bank in India, established in 1919.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Amidst rising input costs, manufacturing growth remains positive: FICCI Manufacturing Survey
Wed, May 06 2026
Nissan Motor India launches nationwide AC Check-up Camp to help customers stay summer-ready
Wed, May 06 2026
India’s chip dream accelerates! Cabinet approves new Rs.3,936 cr semiconductor push
Wed, May 06 2026
Iran War: India has enough policy buffers to absorb heightened global uncertainties, says RBI Dy Governor
Tue, May 05 2026