Union Bank of India has received approval for raising of AT 1 and/or Tier 2 bonds not exceeding Rs 4,300 crore within the overall Limit of Rs 8,100 crore (including Green/foreign currency denominated AT1 /Tier 2 Bonds). The Board of Directors in its meeting held on May 26, 2022, inter-alia, considered & approved the same.
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.
