Union Bank of India is considered one of the better managed banks in India and RBI recently merged Corporation Bank and Andhra Bank with Union Bank. Both the merged Banks had decades of history and brand name amongst its customers.
However, Union Bank seems to be completely unaware of the banking risks in the digital era or it is so poor as not to be able to invest around Rs 800/- on behalf of each of the merged Banks to protect the interests of the customers of these Banks.
I wish the Chairman of Union Bank of India looks at why I am forced to make the statement that “Union Bank of India will be facilitating Phishing by Ignorance and Negligence”.
Naavi
