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Sensex 73,319.55 +0.25% ↑ Nifty 22,713.10 +0.15% ↑ 22k Gold ₹ 13,835/gm Silver ₹ 2,50,000/kg Petrol ₹ Diesel ₹ LPG ₹ 912.50 Crude Oil $ 109.24 USD ₹ 92.71
Home News Corporate notices
Union Bank of In - Rating of the Bank's perpetual bonds
By Religare
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Union Bank of India has informed BSE that the Bank intends to raise capital funds through issuance of Additional Tier 1 Bonds.

In this regard, CARE Ratings has assigned "CARE AA (Double A)" rating to the Bank's proposed Basel III Compliant Tier 1 Perpetual Bonds of Rs. 2000 crores.

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Story first published: Wednesday, February 18, 2015, 12:50 [IST]
Other articles published on Feb 18, 2015

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