Union Bank of India , a prominent public sector bank, has successfully completed its annual interest payment on bonds, demonstrating its commitment to financial obligations despite a slight delay. The payment, amounting to Rs 174.00 crore, was made on November 24, 2025, two days after the original due date.

Payment Details

Reason for Delay

The bank attributed the two-day delay to the original due date falling on a non-business day. As per standard financial practices, when a payment date occurs on a non-business day, the transaction is typically executed on the next available business day.

Investor Implications

Despite the minor delay, Union Bank of India ensured that the interest was paid to investors based on the beneficiary position as of the record date, November 7, 2025. This approach maintains fairness and transparency in the interest distribution process.

Financial Context

To provide context for this interest payment, it's worth noting some key financial metrics from Union Bank of India's recent balance sheet:

These figures indicate that Union Bank of India has maintained a strong financial position, with notable growth in total assets and shareholder's capital over the past year. The bank's ability to meet its interest payment obligations, barring minor delays due to non-business days, reflects its liquidity management and commitment to bondholders.

This timely interest payment, despite the slight delay, underscores Union Bank of India's dedication to fulfilling its financial commitments and maintaining investor trust in the dynamic banking sector.

Union Bank of India , a prominent public sector bank, has been penalized by the Reserve Bank of India (RBI) for deficiencies observed during an inspection of its currency chests. The penalty, amounting to ₹1.35 lakh, was imposed on the bank for non-compliance with RBI guidelines.

Penalty Details

The bank disclosed the following information regarding the penalty:

Bank's Response

Union Bank of India has stated that the impact of this penalty is not significant on its financial or operational activities. The bank has also assured that it has taken necessary preventive measures to avoid recurrences of such instances in the future.

Regulatory Compliance

This disclosure was made by Union Bank of India in compliance with Regulation 30(4) read with Schedule III, Part A Clause 20 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank's prompt disclosure demonstrates its commitment to transparency and regulatory compliance.

Investor Relations Update

In a separate announcement, Union Bank of India informed that it did not participate in the 'JM Financial Flagship India Conference' conducted by JM Financial Limited on November 19, 2025, due to certain exigencies. This information was provided in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

While the penalty highlights the need for stringent adherence to RBI guidelines, the bank's proactive approach in addressing the issue and maintaining transparency with its stakeholders is noteworthy.