Union Bank of India
Union Bank of India is engaged in the Business of Banking Services, Government Business ,Merchant Banking, Agency Business Insurance, Mutual Funds, Wealth Management etc.
What Union files
- Investor Meet145
- Others107
- Updates41
- Important37
- Credit Ratings15
- Board Meeting12
Union Bank of India has been penalized ₹0.013385 Cr by the RBI due to operational deficiencies in currency chests. The financial impact is negligible, and corrective measures are already implemented.
Union Bank of India has been notified of upcoming nationwide employee strikes across multiple dates, which may impact branch and office operations nationwide. Management is taking necessary steps to ensure smooth functioning, while the exact financial and operational impact remains unquantifiable at this stage.
Union Bank of India has informed the Exchange about change in Senior Management of the Bank.
Union Bank of India successfully raised US$600 million via two tranches of senior unsecured notes. US$300 million is due 2029 at 5.23% coupon, and US$300 million due 2031 at 5.417% coupon. This funding enhances the bank's financial resources.
S&P Global Ratings assigned a 'BBB' long-term issue rating to Union Bank of India's (DIFC Branch) senior unsecured notes. These US dollar-denominated notes, totaling $600 million (approx. 5,000 Cr), consist of two tranches. This rating offers investors an assessment of the bank's debt instruments.