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Corporation Bank gets revision in credit ratings

Capital Market 

From ICRA

announced that revised the credit rating of the Bank's Debt instrument as below -

Lower Tier II Bonds (Rs 700 crore) - AA- / Negative (Downgraded from AA/ Negative)

Certificate of Deposits (Rs 30000 crore) - A1+ (Reaffirmed)

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, October 13 2017. 21:02 IST
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