Union Bank of India Debt & Borrowing: ₹1,000 Cr
Union Bank of India has completed the full redemption of its Basel III compliant Tier I Bonds worth ₹1,000 Crore. The redemption occurred on September 15, 2026.
- Value
- ₹1,000 Cr
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Union Bank of India has completed the full redemption of its Basel III compliant Tier I Bonds worth ₹1,000 Crore. The redemption occurred on September 15, 2026.
Union Bank of India confirmed the payment of principal and interest (totaling ₹109.50 Crore) for its bonds, redeeming the outstanding amount in full via Call Option.
Union Bank of India issued two tranches of senior unsecured notes, each valued at US$ 300 million, through its DIFC branch in Dubai.
Union Bank of India has exercised a call option for the redemption of bonds worth ₹1,000 Crore. Redemption payment is scheduled for September 15, 2026.
Union Bank of India has confirmed the timely payment of annual interest amounting to ₹114.71 Crore for its bonds (ISIN INE692A08193).
Union Bank of India confirmed the timely payment of Rs. 83.38 Crore annual interest on its bonds. The payment relates to an issue size of Rs. 1,150 Crores.