Union Bank of India to issue NCDs aggregating Rs 1500 cr

Union Bank of India has considered the issuance of Basel III Compliant Debt Instruments in the nature of Debentures eligible for inclusion in Additional Tier-1 Capital (Bonds) Series XXXIV of Rs.500 crore with Green Shoe Option up to Rs.1000 crore (maximum Rs.1500 crore) on Private Placement basis. The deemed date of allotment is 02 March 2022.

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