Union Bank of India, a leading PSU lender, disclosed its plans for a qualified institutional placement (QIP) amounting to Rs 3,000 crore, as announced on Tuesday.
The Committee of Directors for Raising Capital Funds approved this capital-raising initiative during its meeting on February 20, 2024. The floor price for the QIP is set at Rs 142.78 per share, representing a marginal prem…
Read more