At meeting held on 06 September 2017
United Bank of India announced that the Board of Directors of the Company at its meeting held on 06 September 2017 approved the following -Approved raising of BASEL III Compliant Tier II and Additional Tier I Bonds up to Rs 1000 crore and Rs 800 crore respectively.
Approved raising equity capital up to Rs 1000 crore through QIP issue.
Approved raising equity capital up to Rs 2000 crore through preferential allotment.
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