Union Bank of India — Credit Ratings, 21-08-2026: Credit Rating- New

S&P Global Ratings has assigned a 'BBB' long-term issue rating to Union Bank of India's (UBI) proposed U.S. dollar-denominated senior unsecured notes from its DIFC branch. This rating mirrors UBI's 'BBB/Stable' long-term issuer credit rating. The notes are direct, unconditional, unsubordinated, unsecured, and senior obligations of Union Bank of India.