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UNION BANK OF INDIA RAISES US$27.8 MLN THROUGH BONDS.

Publication: AsiaPulse News
Publication Date: 27-MAR-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
MUMBAI, March 27 Asia Pulse - The Union Bank of India Thursday said it has raised additional capital of Rs 140 crore (US$27.8 million) through bonds to shore up its capital base.

The bank has raised the funds by issuing subordinated perpetual bonds carrying a coupon rate of 9.10...

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