Union Bank of India at board meeting held on May 26, 2026 announced raising of Basel III compliant Additional Tier 1 Bonds and/or Tier 2 not exceeding INR 50,000 million, (including foreign currency denominated AT1/Tier 2 Bonds) within the overall limit of INR 80,000 million.
Union Bank of India Limited is an India-based banking company. The Company’s segments include Treasury Operations, Corporate and Wholesale Banking and Other Banking Operations. The Company offers products in three categories, including personal, corporate loans and international. Its personal products include accounts and deposits, loans, which includes retail, micro, small and medium enterprises (MSME), wealth management, financial schemes and lockers/other services. Its corporate loans include trade finance, working capital, line of credit, project financing, and channel finance. Its international services include non-resident Indian speedy and easy remittances, Internet Banking, international debit/credit cards, home loans, special deposit schemes, and an online donation facility. It provides digital services, such as app banking, Internet banking, automated teller machine banking, self-service banking and immediate payment service (IMPS). It also provides foreign currency loans.
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Investor
Investor
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Global
Global
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Quality
Quality
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ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
