Union Bank’s Maiden Dollar Bond 7.8x Oversubscribed, Listed at GIFT City
Union Bank of India’s maiden US dollar bond was oversubscribed by around 7.8 times and listed on NSE-IFSC at GIFT City, marking its return to international debt markets after a 12-year gap. The bank said strong demand reflects confidence in its financial position, funding diversification, and growth plans, with focus on infrastructure, MSMEs, renewable energy, logistics and technology-led businesses.