Union Bank of India is one of the largest government-owned banks of India; the government owns over 90% of its share capital. It is listed on the Forbes 2000. UBI has around 4,303 branches. Four of these are overseas in Hong Kong, Dubai, Antwerp, and Sydney. UBI also has representative offices at Shanghai, Beijing and Abu Dhabi. Lastly, UBI operates in the United Kingdom through its wholly owned subsidiary, Union Bank of India (UK). Union Bank's equity shares are listed on Bombay Stock Exchange and the National Stock Exchange of India.