Corporation Bank gets reaffirmation in credit ratings

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From India Ratings and Research
Corporation Bank has received revision in credit ratings from India Ratings and Research as under -
Long term issuer rating - IND AA-/Stable (Reaffirmed)
Basel III Complaint Tier- II Bonds (Rs 500 crore) - IND AA-/Stable (Reaffirmed)
Proposed Basel III Complaint Tier- II Bonds (Rs 1000 crore) - IND AA-/Stable (Reaffirmed)
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First Published: Jul 20 2019 | 11:28 AM IST