Corporation Bank gets revision in credit ratings

From CARE

Corporation Bank announced that CARE has reviewed the ratings of the Bank's Debt instrument as below -

Lower Tier II Bonds (Rs 500 crore) - CARE AA-; Negative (Reaffirmed)
Upper Tier II Bonds (Rs 2850 crore) - CARE A+; Negative (Reaffirmed)
Perpetual Bonds (737.50 crore) - CARE A+; Negative (Reaffirmed)

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