Allahabad Bank gets downward revision in ratings for Tier 2 bonds
From India Ratings and Research
Allahabad Bank announced that India Ratings and Research has revised the downward the rating of Bank's outstanding Basel-III compliant Tier 2 Bonds as detailed below -Rs 1000crore Basel III compliant Tier 2 Bonds Series III - IND AA-; Negative (Revised from IND AA; Stable)
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First Published: Dec 08 2018 | 11:31 AM IST