Canara Bank receives revision in credit ratings

From India Ratings and Research

Canara Bank has received revision in credit ratings from India Ratings and Research as under:

Basel III ATI bonds - IND AA/Stable (assigned)
Basel III Tier 2 instrument - IND AAA/Stable (affirmed/ outlook revised from Negative)
Basel III ATI bonds - IND AA/Stable (affirmed)
Certificate of deposits - IND A1+ (affirmed)

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