Union Bank of India receives revision in credit ratings

Union Bank of India has received revision in credit ratings from Brickwork Ratings as under:

Additional Tier I Bonds Basel III (proposed Rs 250 crore) - BWR AA/Stable (assigned)
Additional Tier I Bonds Basel III - BWR AA/ Stable (reaffirmed; revised the outlook)
Tier II Bonds Basel III - BWR AA+/Stable (reaffirmed)

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