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Canara Bank gets revision in credit ratings

Capital Market 

From Fitch Ratings

Canara Bank has received revision in credit ratings from Fitch Ratings as under -

1. Long-Term Issuer Default Ratings( IDR) - Affirmed at ' BBB - '; Outlook Stable
2. Short-Term IDR - Affirmed at 'F3'
3. Viability Ratin2 (VR) - Downgraded To 'bb-' from 'bb

4. Support Rating - Affirmed at '2'
5 Support Rating Floor - Affirmed at ' BBB - '
6 USD 2.0 billion medium-term note programme - Affirmed at ' BBB - '
7 USD 1.0 billion senior unsecured notes - Affirmed at ' BBB - '

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, June 01 2019. 14:32 IST
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