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United Bank of India in a stock exchange filing on Wednesday said it has raised Rs 150 crore through issue of bonds.
It said it allotted through private placement, unsecured, non-convertible, listed BASEL-III compliant 11.95 per cent additional Tier-1 bonds of face value of Rs 10 lakh each, aggregating Rs 150 crore. The issue opened on September 23 and closed on September 28.
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