Union Bank of India Ratings Reaffirmed at AAA; CD Programme Raised to ₹45,000 Crore Mumbai, March 27, 2026: Union Bank of India has announced that ICRA Ratings has reaffirmed the bank’s highest credit ratings across multiple debt instruments, while also increasing the rated amount for its Certificates of Deposit (CD) programme from ₹35,000 crore to ₹45,000 crore. The update was disclosed under SEBI Listing Regulations, highlighting the bank’s strong financial profile, stable outlook, and solid liquidity position. ICRA has reaffirmed the credit ratings for several of Union Bank’s debt instruments. The agency has assigned the following ratings: Infrastructure Bonds: ₹10,000 crore — AAA (Stable) Basel III Tier-II Bonds: ₹5,200 crore — AAA (Stable) Certificates of Deposit: ₹45,000 crore — A1+ (Enhanced from ₹35,000 crore) The total rated amount now stands at ₹60,200 crore. ICRA’s decision underscores the bank’s robust financial standing as the fifth-largest public sector bank in India. The agency cited the bank’s ~5% market share in net advances, ~5.1% share in total deposits, and majority government ownership (74.76%) as key factors contributing to the stable outlook. The ratings reflect Union Bank’s healthy profitability and capital buffers, as well as improvements in asset quality and a reduction in fresh non-performing assets (NPAs). ICRA also highlighted the bank’s strong liquidity position, supported by a large retail deposit base. Union Bank reported strong financial performance in the first nine months of FY26, with a net profit of ₹13,381 crore. The bank’s Return on Assets (ROA) stood at 1.20%, while its Capital Adequacy Ratio (CAR) was 16.49%, and its Common Equity Tier-1 (CET-1) Ratio was 13.94%.#capital_adequacy_ratio #union_bank_of_india #icra_ratings #sebi_listing_regulations #certificates_of_deposit
IDBI Bank Ltd. is Rated Hold by MarketsMOJO IDBI Bank Ltd. has been assigned a 'Hold' rating by MarketsMOJO, with the latest update to this assessment occurring on 17 January 2026. The rating reflects the stock’s current status as of 07 March 2026, offering investors an updated perspective on the company’s fundamentals, valuation, financial trends, and technical outlook. The rating revision from 'Buy' to 'Hold' on 17 January 2026 indicates a more cautious stance by MarketsMOJO. The Mojo Score for the stock decreased by three points, dropping from 71 to 68. This adjustment suggests that while the stock remains a viable investment, its upside potential has diminished compared to earlier assessments. Investors are advised to maintain existing positions rather than aggressively buy or sell at this time. As of 07 March 2026, IDBI Bank Ltd. presents a mixed but stable profile across key investment metrics. The company operates within the private sector banking space and is classified as a midcap stock. Its current Mojo Grade of 'Hold' is based on an average quality assessment, very attractive valuation, flat financial trends, and bullish technical indicators. The bank’s quality grade is considered average, reflecting a solid but not exceptional operational and financial foundation. A key strength is its robust Capital Adequacy Ratio (CAR) of 18.64%, which exceeds regulatory minimums and indicates a strong buffer against credit and market risks. This capital strength supports the bank’s lending activities and risk management framework. However, recent quarterly results show some softness. The Profit Before Tax excluding other income (PBT less OI) for the December 2025 quarter stood at ₹1,250.03 crores, representing a 10.3% decline compared to the average of the previous four quarters.#marketsmojo #idbi_bank_ltd #capital_adequacy_ratio #profit_before_tax #profit_after_tax
