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Brickwork Ratings India assigns Credit Rating to Union Bank of India's Basel III bonds issue

Posted On: 2017-03-16 19:20:29

The rating agency Brickwork Ratings India Pvt. Ltd. has assigned 'BWR AA+/Stable' rating to the Bank's proposed fresh issue of Basel III compliant Additional Tier 1 bonds of Rs.1500 crore.

Shares of UNION BANK OF INDIA was last trading in BSE at Rs.155.8 as compared to the previous close of Rs. 150.95. The total number of shares traded during the day was 834766 in over 5706 trades.

The stock hit an intraday high of Rs. 156.9 and intraday low of 151.25. The net turnover during the day was Rs. 128401328.


Source: Equity Bulls

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