Union Bank of India will conduct a one-to-one investor and analyst meeting with DSP Asset Managers Private Limited on August 6, 2026. The engagement is scheduled to take place in person at the bank’s central office in Mumbai. This interaction provides institutional investors with a direct channel to discuss the bank’s strategic direction and operational performance using only publicly disclosed data.

The disclosure was made pursuant to Regulation 30, read with Serial No. 15 of Para A of Part A of Schedule III, and Regulation 46(2)(o) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These regulations are further interpreted through the stock exchanges’ guidance note dated July 29, 2022, concerning disclosures related to investor and analyst meetings. Ashish Mishra, Company Secretary, signed the disclosure on August 3, 2026.

Meeting Structure and Protocol

The meeting is structured as a one-on-one session, allowing for focused dialogue between the bank’s management and the asset management firm. Unlike broad conference calls or webinars, this format typically facilitates deeper inquiries into specific business verticals or risk management strategies. The bank has confirmed that the mode of interaction is strictly in-person, requiring physical presence at the Mumbai headquarters.

Information Disclosure Standards

Union Bank of India has explicitly stated that no Unpublished Price Sensitive Information (UPSI) will be shared during the session. All discussions will reference publicly available documents, ensuring compliance with market fairness principles and preventing information asymmetry among stakeholders. This approach aligns with standard regulatory expectations for selective disclosures, where any material update must be simultaneously available to all market participants.

Union Bank of India’s Board of Directors approved raising USD 2.00 Billion through a Medium Term Note (MTN) Programme during its meeting held on July 30, 2026. The bank will issue these debt instruments via its Dubai and/or Sydney branches, marking a significant step in accessing international capital markets to optimize its cost of capital and manage currency mismatches.

The approval follows a board meeting that commenced at 3:45 p.m. and concluded at 5:25 p.m. on July 30, 2026. This strategic move allows Union Bank of India to structure flexible borrowing terms suited to its long-term liquidity needs, reflecting a proactive approach to asset-liability management in a volatile global interest rate environment.

Issuance Details

The Board authorized the raising of foreign currency funds up to USD 2.00 Billion in tranche(s). The issuance will be executed through the bank’s overseas branches, specifically targeting markets accessible from Dubai or Sydney. This channel selection suggests an intent to tap into regional liquidity pools with potentially favorable terms compared to domestic borrowing costs.

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(1)(d), Regulation 29(2), and Regulation 50(1)(d) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. These regulations mandate timely communication of significant corporate actions to shareholders and regulators, ensuring transparency in the bank’s financial strategy.

What the Numbers Show

The decision to raise USD 2.00 Billion indicates a substantial appetite for foreign currency funding. By utilizing an MTN programme, Union Bank of India gains the flexibility to issue notes in various tenors and currencies as market conditions evolve. This approach can help diversify its funding sources and mitigate reliance on domestic deposit growth, which has faced pressure in recent quarters due to competitive interest rates. The use of Dubai and Sydney branches also highlights the bank’s expanding international footprint and ability to leverage offshore entities for capital raising.