Union Bank of India — Bonds & AAA (CARE) Rating on senior bonds
Bank · Financial Services
Verify this issuer →Latest events
Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.- Current ratings CARE AAA, Brickwork AAA, ICRA AAA
- Rating range All current ratings on senior bonds are AAA (CARE 7 Oct 2026, ICRA 28 Jun 2026)
- Rating direction, 12 months 0 upgrades, 0 downgrades
- Watch / negative outlook None in 12 months
- Issuer not cooperating No such actions in 12 months
- Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months
- Newest agency rating Dated 7 Oct 2026
- Payment record 2 payment disclosures since 17 Jul 2026: all on time
- Defaults on record No bond marked defaulted
- Traded in the last 30 days 2 of 18 active bonds had an exchange trade
- Exchange filings, 90 days 0 filings on NSE/BSE
A checklist of published facts, not a rating or a view on credit quality. Ratings are the agencies' own; payment record covers NSE disclosures since 17 Jul 2026; "late" means paid more than 3 days after the due date (next-working-day payments are allowed). Rating range covers every current rating on the issuer's active bonds, with each agency's rating date. Rating actions count only when the agency's heading names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility. Rating age uses the newest rating date on file and is flagged when older than 12 months. See methodology.
- 18 active bonds tracked from this issuer.
- 0 of 18 tracked bonds with a stated security status are secured. (based on 18 bonds with a disclosed security status)
- Most recent rating action: reaffirm by CARE on 7 Oct 2026.
Union Bank of India, a bank or financial institution in the Financial Services sector, is tracked on RetailBonds.in. Outstanding bonds carry coupons between 7.16% - 9.50%, paid annually. Maturities on outstanding bonds fall between 2026 - 2037.
Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.
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Maturity Profile
Active bonds maturing, by year. Bar height relative to the tallest year (10 bonds).
Security Type / Instrument Mix
- NCD 18 bonds · 100% · ₹20,433 Cr tracked
Funding Evolution
Based on 18 of 18 active bonds with a known issue date and issue size.
Financial Snapshot
2026-09-30 vs 2026-06-30As filed under SEBI LODR Reg 52(4) / Integrated Filing, filed 19 Oct 2026. Figures are reported facts, not a rating or recommendation.
- AAA 6 bonds · 33%
- AA 12 bonds · 67%
| Agency | Rating | Outlook | Bonds |
|---|---|---|---|
| CARE | AAA | — | 4 |
| Brickwork | AAA | — | 1 |
| ICRA | AAA | — | 1 |
| India Ratings | AA | — | 4 |
| CRISIL | AA | — | 3 |
| India Ratings | AA+ | — | 3 |
| Brickwork | AA | — | 1 |
| CRISIL | AA- | — | 1 |
| CRISIL | AAA | — | 1 |
Rating History (Trend)
Recent Rating Actions
| ISIN | Bond Name | Coupon | Rating | Maturity | YTM | Last Trade | Details |
|---|---|---|---|---|---|---|---|
| INE692A08045 | Union Bank of India 7.74% Nov 2026 NCD | 7.74% | AAA (CRISIL, NSDL record 2016) | 2026-11-24 | — | — | |
| INE112A08051 | Union Bank of India 8.93% Nov 2029 NCD | 8.93% | AAA (Brickwork) | 2029-11-08 | — | — | |
| INE692A08144 | Union Bank of India 7.19% Jun 2031 NCD | 7.19% | AA+ (India Ratings, NSDL record 2021) | 2031-06-24 | — | — | |
| INE692A08201 | Union Bank of India 7.80% Nov 2032 NCD | 7.80% | AAA (CARE) | 2032-11-29 | — | — | |
| INE692A08102 | Union Bank of India 7.18% Nov 2035 NCD | 7.18% | AA+ (India Ratings, NSDL record 2020) | 2035-11-26 | — | 2026-09-30 | |
| INE692A08235 | Union Bank of India 7.16% Mar 2036 NCD | 7.16% | AAA (CARE) | 2036-03-24 | — | — | |
| INE692A08151 | Union Bank of India 7.25% Jul 2036 NCD | 7.25% | AA+ (India Ratings, NSDL record 2021) | 2036-07-09 | — | — | |
| INE692A08219 | Union Bank of India 7.85% Nov 2037 NCD | 7.85% | AAA (CARE) | 2037-11-29 | — | — | |
| INE692A08185 | Union Bank of India 8.50% Perpetual NCD | 8.50% | AA (CRISIL, NSDL record 2022) | Perpetual | — | — | |
| INE692A08227 | Union Bank of India 8.40% Perpetual NCD | 8.40% | AA (CRISIL, NSDL record 2022) | Perpetual | — | — | |
| INE692A08169 | Union Bank of India 8.70% Perpetual NCD | 8.70% | AA (India Ratings, NSDL record 2021) | Perpetual | — | 2026-11-05 | |
| INE692A08193 | Union Bank of India 8.69% Perpetual NCD | 8.69% | AA (India Ratings, NSDL record 2022) | Perpetual | — | 2026-10-15 | |
| INE692A08078 | Union Bank of India 9.10% Perpetual NCD | 9.10% | AA (India Ratings, NSDL record 2017) | Perpetual | — | — | |
| INE692A08128 | Union Bank of India 8.64% Perpetual NCD | 8.64% | AA (India Ratings, NSDL record 2020) | Perpetual | — | — | |
| INE692A08029 | Union Bank of India 9.50% Perpetual NCD | 9.50% | AAA (CARE) | Perpetual | — | 2026-08-27 | |
| INE434A08083 | Union Bank of India 9.20% Perpetual NCD | 9.20% | AA- (CRISIL, NSDL record 2017) | Perpetual | — | — | |
| INE692A08177 | Union Bank of India 8.40% Perpetual NCD | 8.40% | AA (CRISIL, NSDL record 2021) | Perpetual | — | 2026-08-12 | |
| INE692A08110 | Union Bank of India 8.73% Perpetual NCD | 8.73% | AA (Brickwork, NSDL record 2020) | Perpetual | — | — |
YTM is the market yield from the latest BSE/NSE trade. It shows “—” when that trade is over 30 days old, the bond is under 30 days from maturity, it is a market-linked debenture, or the price failed our checks (hover the dash for the reason). A coupon is never shown as a yield.
Last 30 days, across all outstanding bonds from this issuer.
Interest and redemption payments as broadcast by NSE under SEBI LODR Reg 52(4)/60, across all outstanding bonds from this issuer -- actual disclosed events, not a projected schedule.
| Due Date | Bond | Type | Amount Due | Amount Paid | Status | Filing |
|---|---|---|---|---|---|---|
| 15 Sep 2026 | 9.5% UNSECURED SUBORDINATED FULLY... | Redemption | ₹10,00,00,00,000.00 | ₹10,00,00,00,000.00 | Paid | XBRL → |
| 25 Jul 2026 | 8.69% UNSECURED RATED LISTED BASEL... | Interest | ₹1,14,71,00,000.00 | ₹1,14,71,00,000.00 | Paid | XBRL → |
Source: NSE Debt Centralised Database, per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.
| Dataset | Count | Freshness |
|---|---|---|
| Credit Ratings (current) | 19 | 2026-10-07 |
| Rating Actions History | 4 | 2026-10-07 |
| Secondary-Market Trades | 15 | 2026-11-05 |
| Reg52(4) Payment Disclosures | 2 | 2026-09-15 |
Methodology version 1.0. See full methodology for sources and limitations.
Related Issuers
All issuers →How many active bonds does Union Bank of India have?
Union Bank of India currently has 18 active bonds with coupons of 7.16% - 9.50%, maturities spanning 2026 - 2037.
What is Union Bank of India's credit rating?
The most common current rating on Union Bank of India's senior bonds is AAA (CARE). Ratings on file come from Brickwork, CARE, ICRA. Other instrument classes: Tier II / subordinated: AAA (Brickwork) · AT1 / perpetual: AAA (CARE).
Are Union Bank of India's bonds secured?
Of the 18 bonds with a disclosed security status, 0 are secured (0%) and 18 are unsecured.
When do Union Bank of India's bonds mature?
Union Bank of India's active bonds mature between 2026 - 2037; the nearest matures in Nov 2026; the average tenure is 6.6 Yrs.
What is the average coupon on Union Bank of India's bonds?
The average coupon across Union Bank of India's 18 active bonds is 8.28%.
Disclaimer: This page aggregates publicly available data about Union Bank of India for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.