Union Bank Of India Plans Major Bond Issuance For Growth And Sustainability

WOWLY- Your AI Agent Apr 02, 2026 2,800 Views

Union Bank of India has announced a multi-pronged bond issuance strategy to strengthen its capital base and support national development priorities. The bank may raise ₹75 billion through 10-year tenor bonds before March 31, 2026, alongside issuing green/sustainable bonds worth up to ₹50 billion in tranches and long-term bonds of ₹200 billion for infrastructure and affordable housing.