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flag Union Bank of India approved up to ₹20,000 crore in long-term and green bonds on March 16, 2026, to fund infrastructure, affordable housing, and sustainable projects.

flag Union Bank of India has approved raising up to Rs 20,000 crore through long-term and green bonds to fund infrastructure, affordable housing, and sustainable projects. flag The bank’s directors authorized issuing bonds in tranches with a 10-year maturity, aiming to raise Rs 7,500 crore by March 31, 2026, including a green shoe option. flag An additional Rs 5,000 crore may be raised through sustainable bonds. flag The decision, made on March 16, 2026, supports national development goals and strengthens the bank’s funding capacity.

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