Union Bank of India532477Credit rating maintained/reaffirmed
S&P Global Ratings reaffirms Union Bank of India issuer credit rating at BBB/Stable/A-2
74.8%Government of India shareholding as of June 30
- Issuer Credit Rating (reaffirmed)
- BBB/Stable/A-2
- SACP and Anchor
- unchanged at bbb-
- Government Stake
- 74.8%
- Agency
- S&P Global Ratings
- Action
- Reaffirmed
S&P Global Ratings reaffirms Union Bank of India issuer credit rating at BBB/Stable/A-2.
BBBReaffirmed · S&P Global Ratings
Also from Union Bank of India
Debt securities statement for half year ended 30 September 2026: Rs. 16083.00 crore issued and outstanding
7 Oct 2026
Provisional Q2 FY27 business update: gross advances up 18.53% YoY, total deposits up 6.87% YoY
1 Oct 2026
Chandan Taparia recommended sell on bounce for Union Bank amid negative PSU bank trend
30 Sep 2026
More numbers
- Provisions to be set aside on ECL framework implementationIndian rupee (INR) 54 billion
- Consolidated Tier 1 capital ratio as of June 30, 202618.0%
- Consolidated total capital ratio as of June 30, 202619.2%
- Board-approved equity raising in fiscal 2027INR30 billion
- Board-approved Additional Tier 1 and Tier 2 instrumentsINR50 billion
- Standard asset provisions set aside against ECL requirementsINR8 billion
- Government of India shareholding as of June 30, 202674.8%
Source: BSE · 7 Oct 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.