Ethical Compliance

UNION BANK OF INDIA
Sector:
Financial Services
Industry:
Banks - Regional
Market Cap Class:
large
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.