Union Bank
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Union Bank board approves Rs. 5,000 crore fundraising plan via QIP
Business
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The panel approved the issuance of equity shares through qualified institutional placement for a sum "not exceeding Rs 5,000 crore, subject to the necessary regulatory/statutory approvals," the state-run lender stated.
By
Adesh Dixit
Stocks to watch: Zomato, Adani Enterprises, SBI, ONGC, AstraZeneca Pharma and more
Stocks to Watch Today: Zomato is rumoured to be the subject of a block deal on Wednesday.
By
Aryan Jakhar
CEO of Union Bank of India: restructures loans worth Rs 13,000 crore, follows resolution framework by RBI
Economy
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On August 6, 2020, the first resolution framework was issued and was applied to all the categories of borrowers affected by the COVID-related stress.
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