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BankingMedium impactPre-market

Union Bank of India secures top ratings and higher borrowing limit

pre-market1 source ↓written by the desknot a recommendation

₹45,000 cr
₹35,000 cr

ICRA has reaffirmed a [ICRA]AAA rating with a Stable outlook for Union Bank of India's infrastructure bonds worth ₹10,000 cr and Basel III Tier II bonds totaling ₹5,200 cr. The agency raised the bank's borrowing limit for Certificates of Deposit to ₹45,000 cr from ₹35,000 cr, maintaining its A1+ rating.

These ratings enhance Union Bank's ability to access funds at lower interest rates, improving its liquidity and financial flexibility. This could positively impact investor sentiment and trading activity in the bank's securities.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 28 Mar 2026, 07:12 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

UNIONBANK closed −6.4% on the day of the news, from ₹175.48 to ₹164.20; Nifty −2.1% over the same session; futures OI −4.0%.

Bulletin at 07:12 IST on 28 Mar 2026. Every change is measured from ₹175.48, the last close before it, on 27 Mar. Nifty 50 is measured over the same sessions.

  • UNIONBANK close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
UNIONBANK closes around the bulletin against the close before the news, with Nifty 50 rebased to it156.32175.48194.64axis spans 25%before the news · 27 Mar175.48Nifty 50UNIONBANKbulletinD0+1+3+520 Mar6 Apr16 AprFutures open interest, lotspeak 26,000Reference close ₹175.48. 16 sessions from 20 Mar to 16 Apr; the price axis spans 25 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before27 Mar₹175.48basebase
On the day30 Mar₹164.20▼ −6.4%▼ −2.1%−4.3 pp difference
+1 session1 Apr₹171.64▼ −2.2%▼ −0.6%−1.6 pp difference
+3 sessions6 Apr₹174.12▼ −0.8%▲ +0.7%−1.4 pp difference
+5 sessions8 Apr₹185.66▲ +5.8%▲ +5.2%+0.6 pp difference
Gap at the open, % · ₹
▼ −2.0%−3.47 on 30 Mar
Day's range, % · ₹
5.8%≈ 10 high to low
Volume on the day
1.35×the 20-session average
Futures OI on the day
▼ −4.0%−1,000 lots · long unwinding · price −6.4%
Futures OI open, lots
24,00030 Mar · 30 Mar expiry
Futures premium, ₹
+0.24+0.1% to spot
Puts per call, by OI
0.48from 0.54 the session before
Max pain
188from 185 the session before

Source NSE UDiFF bhavcopy · UNIONBANK on the desk →

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