Union Bank launches super-app UnionNXT, digital project SMBHAV

The Union Bank of India (UBI) has launched its super-app named UnionNXT on April 06, 2022. The app UnionNXT will offer a number of services including payments, online shopping, bill payments, recharges, investment, loans, and fund transfers, on a single platform.

Union Bank of India is looking for recovery from the spending in 2 years and aims to have 50% of business originating on the digital platform by 2025.