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Brickwork · 2026-09-17
Brickwork withdraws rating on Union Bank of India — 17 Sep 2026
Brickwork withdrew its rating on Union Bank of India on 2026-09-17. 2 bonds on file are tied to this entity, 3 other rating actions on record between 2026-09-17 and 2026-10-07.
As filed with NSE: “withdrawn (earlier AA+)”
| Entity (company that filed) | Union Bank of India · issuer page |
| Action | Withdrawal |
| Previous rating | AA+ |
| Action date | 2026-09-17 |
| Agency | Brickwork |
| Source | The company’s credit rating disclosure to NSE ↗ (SEBI LODR Reg 52(4)). The action type is as the company reported it. |
| Bond | Coupon | Maturity |
|---|---|---|
| Union Bank of India 8.73% Perpetual NCD | 8.73% | 9999-12-31 |
| Union Bank of India 8.64% Perpetual NCD | 8.64% | 9999-12-31 |
| Date | Agency | Action | Rating |
|---|---|---|---|
| 2026-10-07 | CARE | Withdrawal | AA+ → AAA |
| 2026-10-07 | CARE | Reaffirm | AAA → AAA |
| 2026-09-17 | Brickwork | Reaffirm | AAA → AAA |
About this page: This page restates a rating action by Brickwork, a SEBI-registered credit rating agency, as the company disclosed it to NSE under SEBI LODR Reg 52(4); the action type and ratings are as filed. The rating and any outlook are the agency's opinion, not RetailBonds.in's, and nothing here is investment advice or a view on what the action means for any investor. Refer to the agency's own rationale document for the full reasoning. See our methodology and full disclaimer.