Union Bank to raise up to Rs 1,500 cr through Tier I, II capital bonds

Union Bank of India will be raising up to Rs 1,500 crore through Tier I and Tier II bonds in the current financial year. The Public Sector Bank announced this in a notice on the Bombay Stock Exchange on Monday. The bank’s Board approved the fund raising in its meeting held on December 22, said the BSE notice. Read more