Union Bank of India (UBI) has set up its central processing cell (Saral) in Bangalore to process and clear all proposals with limits of Rs 1 crore and above.

The cell was opened at Chamarajpet in Bangalore by the bank Executive Director, K Subrahmanyam, in the presence of R S Pandey, General Manager, and A V Ramana, Deputy General Manager, K S Ananth, Chief Manager (Credit), B N Rajasekhar, Chief Manager (P&D),and other senior officials.