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Board of United Bank of India approves issue of AT-1 Bonds up to Rs 1190 crore

Capital Market 

At meeting held on 06 December 2017

The Board of United of at its meeting held on 06 December 2017 has approved issue and allotment of BASEL III Compliant Additional Tier I Bonds up to Rs 1190 crore and also approved the proposal for issue of up to 5 crore equity shares in one or more tranches by way of ESOP/ESPS.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, December 06 2017. 15:56 IST
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