Union Bank to be among top three by 2012

Public Sector bank – Union Bank of India – is aiming to be one among the top three banks in India by the end of 2012 by crossing a total business of Rs 5 crore.

The bank has plans of hiring 4,000 officers and 1,000 clerks this year.

The Mumbai-based bank, growing at the rate of 30%, is planning to open up 514 branches across the country by September 2009.