Union Bank of India - Ratings Affirmed with a Stable Outlook

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) at 'BB' and 'B' respectively. At the same time, CI Ratings has assigned to UBI a Bank Standalone Rating (BSR) of 'b+', a Core Financial Strength (CFS) rating of 'b' and an Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and the BSR is Stable.

Attachments

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