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Union Bank of India raises Rs 1320 crore through bonds

26 Jul 2022 Evaluate

Union Bank of India has raised Rs 1320 crore through Unsecured, Subordinated, Non-Convertible, Taxable, Perpetual, Fully Paid-Up Basel III Compliant Additional Tier- 1 Bonds in the nature of Debentures eligible for inclusion in Tier 1 Capital (Bonds) Series XXXV on July 25, 2022.

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.

Peers
Company Name CMP
State Bank Of India 1018.00
PNB 126.30
Bank Of Baroda 250.00
Canara Bank 122.80
Union Bank Of India 186.75
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