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Union Bank of India will raise funds through bond issuances. The bank's committee approved long-term bonds worth twenty thousand crore rupees for infrastructure and affordable housing. It will also issue green or sustainable bonds up to five thousand crore rupees. Part of the funds will be raised before March thirty-first, twenty twenty-six.
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Banking earnings show resilience despite economic uncertainty, with PSUs regaining market share and private banks poised for strong growth. Analysts maintain a positive view on valuations, expecting improved earnings profiles and stable asset quality to drive sector performance through FY27.
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Vodafone Idea shares rose ahrply on Monday after ET reported that JSW Group and ST Telemedia are exploring a potential stake in the telecom operator. The discussions are exploratory, following government-backed financial relief, as Vi seeks strategic investors to strengthen capital and reduce spectrum liabilities.
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