South Indian Bank gets revision in credit ratings from CARE

South Indian Bank has received revision in credit rating from CARE as under -

Lower Tier II Bonds & Tier II Bonds (Basel III compliant) (Rs 1490 crore)- CARE A+; Negative (Revised from CARE A+; Stable)

Certificate of Deposits (Rs 7500 crore) - CARE A1+ (Reaffirmed)

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