United Bank of India to Issue Unsecured, Subordinated, Non-Convertible, Rated, Redeemable, Basel III Compliant Instrument in the Nature of Debentures

United Bank of India is an India-based bank. The Banks operations are classified into two business segments: Treasury Operations, and Banking Operations, which include Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. The Bank offers retail banking, corporate banking and international banking services. Its retail banking products and services include deposits, loans and lockers. Its corporate banking products and services include term loans, working capital finance, corporate loans, export credit, and cash management and remittances. Its international banking services include foreign exchange services and non-resident Indian services. The Bank offers finances for micro, small and medium enterprises (MSMEs). Its MSME products include United Doctor Plus, United Medical Plus, Artisan Credit Card, Swarojgar Credit Card, Laghu Udhyami Credit Card, United Shilpi Card and United Udyogshree Yojana. The Bank operates a network of approximately 2,010 branches/offices.