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Union Bank of IndiaBoard Meeting, 26-05-2026: Outcome of Board Meeting

26-05-2026 · 02:12 pm

Union Bank of India's board approved a plan to raise up to ₹8,000 Cr. This includes ₹3,000 Cr via equity (FPO/Rights/QIP/Pref. Allotment) and ₹5,000 Cr through Basel III compliant AT1/Tier 2 bonds to boost capital.

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