Federal Bank receives ratings action from CARE
Federal Bank has received credit ratings from CARE Ratings as under:
Issuer rating - CARE AA+; Stable (assigned)
Tier II Bonds (Rs 500 crore) - CARE AA+; Stable (reaffirmed)
Tier II Bonds (Rs 500 crore) - CARE AA+; Stable (reaffirmed)
Tier II Bonds (Rs 1,000 crore) - CARE AA+; Stable (reaffirmed)
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