Union Bank of India has allotted long term bonds for financing infrastructure and affordable housing of Rs 7,500 crore with base issue size of Rs 3,000 crore and greenshoe option of Rs 4,500 crore on private placement basis on 24 March 2026. Powered by Capital Market - Live News

The committee of directors for fund raising (non-capital) of Union Bank of India at its meeting held on 16 March 2026 has approved the issuance of long term bonds amounting to Rs 20,000 crore in one or more tranches for financing of infrastructure and affordable housing; out of which the bank may explore opportunities to raise Rs 7,500 crore (base issue Rs 3,000 crore + greenshoe option of Rs 4,500 crore) with tenor of 10 years before 31 March 2026. The bank also approved green bonds/ sustainable bonds amounting to Rs 5,000 crore in one or more tranches. Powered by Capital Market - Live News

Union Bank of India has been assigned the ESG rating of ESG 1+ (ESG score of 81.3) from CARE ESG ratings. Powered by Capital Market - Live News

Net profit of Union Bank of India rose 9.73% to Rs 5072.69 crore in the quarter ended December 2025 as against Rs 4623.03 crore during the previous quarter ended December 2024. Total Operating Income rose 0.37% to Rs 26819.18 crore in the quarter ended December 2025 as against Rs 26720.39 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Total Operating Income26819.1826720.39 0 OPM %70.1969.70 - PBDT6637.765888.74 13 PBT6637.765888.74 13 NP5072.694623.03 10 Powered by Capital Market - Live News

Union Bank of India will hold a meeting of the Board of Directors of the Company on 14 January 2026.Powered by Capital Market - Live News