Union Bank of India has successfully completed the annual interest payment on its bonds, demonstrating continued adherence to its debt service obligations. The bank paid ₹127.50 crores as annual interest on March 2, 2026, meeting the scheduled due date without any delays.

Bond Payment Details

The interest payment pertains to bonds with specific regulatory and financial parameters that highlight the bank's structured debt management approach.

Payment Timeline and Compliance

The bank maintained its consistent payment schedule, with the current interest payment made exactly on the due date of March 2, 2026. The previous annual interest payment was completed on March 3, 2025, showing the bank's commitment to regular debt servicing.

The payment was processed according to the beneficiary position as of the record date of February 15, 2026, and followed the mandates provided by investors. The bank confirmed that applicable Tax Deducted at Source (TDS) was deducted as per regulatory requirements.

Regulatory Framework

This interest payment disclosure was made in compliance with Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The regulation mandates listed entities to provide timely information about interest payments and redemptions on their debt securities.

The bank's Investor Services Division, based at Union Bank Bhavan in Mumbai's Nariman Point, handled the payment process and regulatory reporting. Company Secretary Ashish Mishra signed the compliance certificate, confirming the successful completion of the interest payment obligation.

Financial Implications

The timely payment of ₹127.50 crores represents the bank's ongoing commitment to honoring its debt obligations. With the total issue size of ₹1,500 crores, this annual interest payment reflects the cost of the bank's debt capital and its ability to service these obligations punctually.

The successful completion of this payment without any delays or complications reinforces the bank's financial discipline and regulatory compliance standards in its debt management practices.

Union Bank of India announced its participation in a focused investor engagement session with UBS Global Asset Management, Singapore, demonstrating the bank's commitment to maintaining transparent communication with international institutional investors. The bank's representatives conducted a dedicated one-to-one meeting on February 26, 2026 in Mumbai.

Meeting Details and Structure

The investor meeting was structured as an exclusive one-to-one session, allowing for detailed discussions about the bank's performance and strategic outlook with the Singapore-based asset management firm. The engagement lasted one hour, providing focused interaction between Union Bank representatives and UBS Global Asset Management.

International Investor Engagement

The meeting with UBS Global Asset Management represents Union Bank's ongoing efforts to engage with prominent international institutional investors. UBS Global Asset Management, based in Singapore, is a significant player in the global asset management industry, making this engagement particularly noteworthy for the bank's international investor relations strategy.

Regulatory Compliance and Documentation

Union Bank of India emphasized that all discussions during the meeting were based on publicly available documents, ensuring strict compliance with disclosure norms and regulatory requirements. The bank made this announcement in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure was officially signed by Ashish Mishra, Company Secretary, and filed with both BSE Limited (Scrip Code: 532477) and National Stock Exchange of India Limited (Symbol: UNIONBANK-EQ) on February 26, 2026. This meeting reflects the bank's systematic approach to investor relations and its commitment to maintaining regular dialogue with key institutional investors globally.