Skip to content

United Bank of India

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

Back to profile1 entries

  1. 2014

    Non-performing-asset detection controversy

    A Reserve Bank of India-appointed Deloitte forensic audit reported serious lapses in United Bank of India's systems for identifying non-performing assets. The findings were reported during a period of substantial losses and elevated reported NPAs, although the available reference does not establish whether the weaknesses were deliberate.