Union Bank discloses non-convertible securities details as of March 2025
Union Bank of India announced its annual disclosure of non-convertible securities as of March 31, 2025, in compliance with SEBI's regulations. The disclosure includes details of 17 listed securities on the National Stock Exchange (NSE). The credit ratings for these securities, as assessed by agencies like India Ratings & Research and CRISIL Ratings, are primarily AA+ and AAA with stable outlooks, with revisions and affirmations occurring throughout 2024. The bank affirmed that all interest and redemption payments on AT1 and Tier 2 Bonds have been made timely during FY 2024-25, and there have been no defaults or delays in servicing any other debt security issued by the bank. Bond listings include: INE692A08029, INE692A08110, INE692A08128, INE692A08136, INE692A08169, INE692A08177, INE692A08185, INE692A08193, INE692A08227, INE692A08045, INE112A08051, INE692A08094, INE692A08102, INE692A08144, INE692A08151, INE692A08219 and INE692A08201.
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