Dena Bank gets ratings revised

From CARE ratings

Dena Bank's Long term debt instruments, Lower Tier II Bonds (BAsel II Compliant) and Tier II Bonds (Basel III Compliant) were revised from CARE AA- Negative to CARE A+ Negative.

The Bank's Additional Tier I Perpetual Bonds (Basel III Com pliant) and Perpetual Bonds (Basel II Compliant) were reaffirmed CARE BBB+ and CARE A respectively.

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