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Friday, December 28, 2018

Union Bank of India first PSU bank to announce capital infusion by government

United Bank of India became the first of the country’s ailing state-run banks to announce a new cash injection from the government, disclosing in a filing that it will receive 21.6 billion rupees ($308 million) to improve its capital ratios.

from The Financial ExpressBanking & Finance – The Financial Express


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