Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Union Bank lines up maiden ₹7,500 crore infra bond issue
The issue has a base size of ₹3,000 crore, with a greenshoe option of ₹4,500 crore.
Union Bank of India board approves ₹20,000 crore infrastructure bond plan
Stateowned Union Bank of India on Monday said its board has approved a proposal to raise Rs 20,000 crore by issuing infrastructure bonds to fund various projects.
PSU stock Union Bank of India declares ₹25,000 crore fundraise via issuance of bonds
PSU stock Union Bank has announced a fundraise of ₹25,000 crore via bond issue. The lender plans to launch a ₹7500 crore bond issue ahead of the month-end. Union Bank of India shares have remained mixed in the near term.
PSU stock Union Bank of India declares ₹25,000 crore fundraise via issuance of bonds - Mint
PSU stock Union Bank of India declares ₹25,000 crore fundraise via issuance of bondsMint
SENSEX recovers over 550 pts, NIFTY50 flat in noon session; IndiGo, Union Bank among buzzing stocks - Upstox
SENSEX recovers over 550 pts, NIFTY50 flat in noon session; IndiGo, Union Bank among buzzing stocksUpstox
Explained — Five reasons why the IDBI Bank disinvestment process may have collapsed
The privatization plan of IDBI Bank was approved during the Union Budget of February 2021.
Bank of Baroda raises USD 500 mn 5-yr syndicated loan; attracts strong participation from investors
Bank of Baroda on Thursday said it has raised USD 500 million five-year syndicated term loan facility through its IFSC Banking Unit in GIFT City, attracting participation from investors across key Asian markets.
Nifty Bank crashes 8% in March so far: What’s driving the sharp selloff?
The Nifty Bank index has crashed 8% so far in March. From the index, stocks such as Bank of Baroda, Federal Bank, Punjab National Bank, Union Bank, and Canara Bank are down 10-11% this month.
Cabinet clears proposal to declare Madurai airport as international airport
In a significant development, the Union Cabinet has given the green light for Madurai airport to elevate its status to international. This strategic move is set to enhance global air links to the culturally rich temple city, further solidifying Madurai as a center for education and healthcare.
Bank stocks slip as Maha farm loan waiver adds to FPI worry
Banking stocks plunged on Monday, with the Bank Nifty seeing its steepest fall since April 2025. Maharashtra's farm loan waiver announcement triggered widespread selling, particularly impacting state-owned banks. This, coupled with foreign investors' cautious stance on Indian equities, led to significant losses across the banking sector, with Union Bank of India and IDFC First Bank among the hardest hit.
PSU banks catch up with private peers; ICICI, Axis, and SBI among top picks: Kotak Institutional
MB Mahesh, Analyst at Kotak Institutional Equities, sees ICICI Bank and Axis Bank as strong picks among private lenders, while favouring SBI, Bank of Baroda and Union Bank among PSU banks.
Shares of PSU banks rise up to 3%: Check what’s aiding the rally
The gains in the Nifty PSU Bank index were led by the rally in the shares of the Union Bank of India, Indian Bank and Punjab National Bank (PNB).