Federal Bank receives ratings action for Basel III Tier 2 bonds

Federal Bank announced that India Ratings and Research (IndRa) has assigned 'IND AA/ Stable' Rating in respect of Bank's 'Basel III -Tier 2 Bonds' of Rs. 500 crore (Size of Issue) and have re-affirmed existing ratings ('IND AA/ Stable') in respect of Bank's 'Basel III -Tier 2 Bonds' of Rs. 500 crore (Size of Issue)

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