Tuesday, July 15, 2025 | 08:08 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Canara Bank receives revision in credit ratings from CARE

Image

Capital Market
Canara Bank announced that CARE Ratings has revised/upgraded the rating of Bank's Additional Tier I Bonds (Basel III) to 'CARE AA+; Stable'. Care Ratings has also reaffirmed its rating on Bank's Tier II Bonds (Basel III) to CARE AAA; Stable. The instrument-wise rating is as under:

Tier II Bonds (Basel III) (Rs 3000 crore) - CARE AAA; Stable (reaffirmed)
Tier II Bonds (Basel III) (Rs 4,400 crore) - CARE AAA; Stable (reaffirmed)
Additional Tier I Bonds (Basel III) (Rs 1,450 crore) - CARE AA+; Stable (revised from CARE AA; Stable)

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 25 2021 | 10:04 AM IST

Explore News