Stock Report

Union Bank of India raises Rs. 1500 crore through Basel III Compliant Tier-1 bonds



Posted On : 2022-03-02 15:19:14( TIMEZONE : IST )

Union Bank of India raises Rs. 1500 crore through Basel III Compliant Tier-1 bonds

Union Bank of India has allotted Unsecured, Subordinated, Non-Convertible, Taxable, Perpetual, Fully Paid-Up Basel III Compliant Additional Tier-1 Bonds in the nature of Debentures eligible for inclusion in Tier 1 Capital ("Bonds") Series XXXIV aggregating to Rs.1500 crore (ISIN: INE692A08185) on March 02, 2022.

Shares of Union Bank of India was last trading in BSE at Rs. 40.20 as compared to the previous close of Rs. 40.10. The total number of shares traded during the day was 940115 in over 3023 trades.

The stock hit an intraday high of Rs. 40.45 and intraday low of 39.35. The net turnover during the day was Rs. 37634276.00.

Source : Equity Bulls

Keywords

UnionBankofIndia INE692A01016 FundRaising BaselIIICompliantBonds