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Corporation Bank gets reaffirmation in credit ratings

Capital Market 

From India Ratings and Research

Corporation Bank has received revision in credit ratings from India Ratings and Research as under -

Long term issuer rating - IND AA-/Stable (Reaffirmed)
Basel III Complaint Tier- II Bonds (Rs 500 crore) - IND AA-/Stable (Reaffirmed)

Proposed Basel III Complaint Tier- II Bonds (Rs 1000 crore) - IND AA-/Stable (Reaffirmed)

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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, July 20 2019. 11:28 IST
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