Union Bank of India – Ratings Affirmed

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Union Bank of India (UBI or the Bank) at 'BBB-' and 'A3', respectively. At the same time, CI Ratings has affirmed UBI's Bank Standalone Rating (BSR) of 'bb', the Core Financial Strength (CFS) rating of 'bb' and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and the BSR remains Stable.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (India, Union Bank of India)
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