StackLeaf
← Back to feed
VERIFIEDET Stocks·neutral

Union Bank's board clears plans to raise up to Rs 8,000 crore via equity and debt

AI Summary
  • ·Union Bank's board has approved raising up to Rs 8,000 crore.
  • ·The fundraising will be through equity and debt.
  • ·Debt capital will be raised via Basel III-compliant additional Tier 1 bonds and/or Tier 2, not exceeding Rs 5,000 crore.
UNIONBANK
Read original →