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The Latest Breaking News from Union Bank

Union Bank's board clears plans to raise up to Rs 8,000 crore via equity and debt

In a BSE filing, Union Bank said the board has approved raising of debt capital through Basel III-compliant additional Tier 1 bonds and/or Tier 2 not exceeding Rs 5,000 crore.

The Economic Times

Macy's, JPMorgan, and eight other companies almost as old as the U.S. this July 4th

As the U.S. approaches its birthday, Fortune takes a look at 10 Fortune 500 companies whose age rivals the nation’s.

Fortune

Lucknow: Police arrest cyber gang that cheated AKT University of Rs 120 crore

Uttar Pradesh's Lucknow police has busted a cyber gang that cheated Rs 120 crore from Dr. A. P. J. Abdul Kalam Technical University's (AKTU) account by creating fake mail IDs on behalf of AKTU and opening bank account in Union Bank of India. Read further on Dynamite News:

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Breach of security measures: ACP placed under suspension in Kozhikode

Assistant Commissioner of Police (District Crime Records Bureau) T.P. Sreejith was placed under suspension following an internal investigation into a recent complaint that he reportedly overlooked security measures during the transportation of ₹750 crore from the Union Bank’s currency chest at Mankavu to Hyderabad by road.

The Hindu

Regulators approve U.S. Bank's $8B purchase of Union Bank

Key financial regulators having approved U.S. Bank’s $8 billion acquisition of Japanese financial titan MUFG’s Union Bank franchise

The Independent UK

Union Bank of India opens ethical hacking lab

Hyderabad

The Hindu

The streets that were once some of Liverpool’s wealthiest

Liverpool’s former banking and financial centre has gradually turned into thriving hub of nightlife

Liverpool Echo

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Explained: What realtor Supertech's bankruptcy means for its home buyers

NEW DELHI: Realtor Supertech, which has undertaken several projects in Noida, Gurugram, Ghaziabad, and Greater Noida, was declared bankrupt on Friday by the National Company Law Tribunal (NCLT) for defaulting on payment of Rs 431 crore to a consortium of banks. The move could have a bearing on 11,000 home…

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