08-Oct-2026      13:18

Union Bank of India reports CARE Ratings withdrew rating for one instrument, reaffirmed others

Union Bank of India announced that CARE Ratings Limited has taken action on several of the bank’s instruments on October 7, 2026, as reported under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; specifically, CARE Ratings Limited withdrew the rating for the instrument with ISIN INE692A08029 (Additional Tier-1 Bond), while reaffirming the AAA Stable rating for the instruments with ISINs INE692A08219 (Tier-2 Bond), INE692A08201 (Tier-2 Bond), INE692A08235 (Infrastructure Bonds), and for unutilized Infrastructure Bonds, with verification status confirmed on October 7, 2026, for all listed instruments.

News source: Capital Market - Live News