Ethical Compliance

UNION BANK OF INDIA

UNION BANK OF INDIA

Revenue

100%

Debt

1.9%

Liquidity

8.5%

Revenue

Debt

Liquidity

100%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

Questionable

INR Crores

  other income
₹17.81

Non Compliant

INR Crores

  Interest Income
₹100.38

INR Crores

Revenue from Questionable Sources:₹17.81
Revenue from Non Compliant Sources:₹100.38
Total:₹118.19
Total Revenue:₹118.19

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹118.19

₹118.19

= 100%

non-compliant

Rationale

The sum of revenue from questionable and non-compliant sources should not exceed 3% of the total revenue. This ensures that the company has tolerable reliance on unethical sources of revenue.