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Tag Archives: Union Bank of India’s Tier-II Bonds get AAA Rating

Union Bank of India’s Tier-II Bonds get AAA Rating

TBB BUREAU MUMBAI, SEPT 22, 2023 Union Bank of India’s Basel III compliant Tier-II and Tier-I Bonds rated by CARE Ratings Limited have been upgraded to AAA and AA+, respectively with stable outlook. The ‘stable’ outlook reflects CARE Ratings’ expectation that Union Bank of India will continue to maintain its steady growth in advances, deposits, and a healthy profitability profile ...

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