Union Bank of India has raised Rs 1000 crore and allotted Basel III Compliant Tier II Bonds in the nature of Debentures (Series XXVI) on November 26, 2020.
Union Bank of India is one of the largest government-owned banks of India. The Bank offers products and services in three categories - Deposits, Loans and Advances, and Remittances & Collections. Its segments include treasury operations, corporate & wholesale banking, retail banking and other banking operations.