Union Bank of India — Others, 06-05-2025: News Verification

Union Bank of India has acknowledged procedural lapses in a ₹7.25 crore book purchase, which are under review. The bank confirms this issue does not materially impact its operations or financial position, and no undisclosed information influenced trading. There are no ongoing regulatory or legal actions related to this matter. The bank’s commitment to compliance and transparency aims to assure shareholders about its governance and business stability.