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Union Bank plans Rs 8,000 crore fund raise, board clears Rs 3,000 crore equity issue
State-run Union Bank of India on Tuesday approved plans to raise up to Rs 8,000 crore through a mix of debt and equity instruments, PTI reported.
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thehindubusinessline.com
Union Bank to raise ₹8,000 crore through debt, equity mix
In a BSE filing, Union Bank said the board has approved raising of debt capital through Basel III-compliant additional Tier 1 bonds and/or Tier 2 not exceeding ₹5,000 crore
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m.economictimes.com
Union Bank to raise Rs 8,000 cr through debt, equity mix
In a BSE filing, Union Bank said the board has approved raising of debt capital through Basel III-compliant additional Tier 1 bonds and/or Tier 2 not exceeding Rs 5,000 crore.
