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Union Bank to raise up to Rs 8,100 cr in capital for business expansion

The lender's board approved raising equity capital up to Rs 3,800 crore, within overall limit of Rs 8,100 crore, said the company in filing with BSE

Topics
Union Bank of India | Union Bank | Private Equity

BS Reporter  |  Mumbai 



Union Bank Of India

State-owned of India will raise up to Rs 8,100 crore in capital through instruments like equity shares, additional tier I capital and tier II bonds to support business growth.

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First Published: Thu, May 26 2022. 21:35 IST

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