NSEGeneral Updates11 Sept 2026 · 11 Sept 2026, 07:58 pm
General Updates
Union Bank of India · UNIONBANK
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Union Bank of India has informed the Exchange about General Updates, specifically a penalty imposed by the Reserve Bank of India for ₹ 1,33,850 due to deficiencies in currency chests during FY 2021-22 and FY 2022-23.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment6/10
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Union Bank of India has informed the Exchange about General Updates
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UNIONBANK_11092026195702_11092026_RBI_PENALTY.pdf
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संदर् भ Ref.:नि.से.वि.ISD/195/2026-27 ददि ंक Date : 11.09.2026
National Stock Exchange of India Ltd.
स्िप कोड Scrip Code - 532 477
स्िप कोड Scrip Symbol-UNIONBANK-EQ
Subject: Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015, as
amended.
In compliance with Regulation 30(4) read with Schedule III, Part A Clause 20 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the
Reserve Bank of India has imposed a penalty of ₹ 1,33,850 (Rupees One lakh thirty-three thousand
eight hundred and fifty only) as per following details:
Name of the authority Reserve Bank of India
Nature and details of the action(s) Reserve Bank of India levied penalty of
taken, or order(s) passed ₹ 1,33,850 (Rupees One lakh thirty-three thousand
eight hundred and fifty only).
Date of receipt of direction or order,
including any ad-interim or interim 11.09.2026.
orders, or any other communication
from the authority
Details of the violation(s)/ In three Currency Chests, deficiency observed in
contravention(s) committed or mutilated currency notes, shortage of currency
alleged to be committed notes and counterfeit currency notes found in Cash
remittance during the FY 2021-22 and FY 2022-23.
Impact on financial, operation or
other activities of the listed entity, Not Significant.
quantifiable in monetary terms to the
extent possible
Bank has taken necessary preventive measures to avoid recurrences of such instances.
भवदीय Yours faithfully,
कं पनी समिव Company Secretary
Union Bank of India, Investor Services Division, Union Bank Bhavan,239, Vidhan Bhavan Marg, Nariman Point, Mumbai - 400021.
: + 91 22 2289 6636/2289 6643, investorservices@unionbankofindia.bank.in , website: www.unionbankofindia.bank.in 1