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Union Bank plans Rs 8,000 crore fund raise — India Verified

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Union Bank plans Rs 8,000 crore fund raise

Business26 May 2026 at 04:47 pmQuick read

Union Bank plans Rs 8,000 crore fund raise

Credibility score80 / 100

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2sources verified

Union Bank aims to raise Rs 8,000 crore. The bank will issue debt instruments worth Rs 5,000 crore. The board has approved the plan.

AI Credibility Analysis

The score falls in the 70-89 band as it is based on 2 named sources, including specific data and details about the bank's plans, but lacks official statements from the bank's officials.

Original Sources

Times of India
The Economic Times

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Union Bank plans Rs 8,000 crore fund raise

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