Union Bank of India — Important, 08-05-2025: General Updates

Union Bank of India has announced a board meeting to approve the financial results for the quarter and half-year. The bank proposes a dividend of ₹4.75 per equity share for FY 2024-25. It has raised substantial funds via unsecured private placement debt securities, maintaining compliance with all covenants and no reported breaches. This reflects stable financial management, consistent capital raising, and continued shareholder returns.