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Dena Bank gets ratings assigned for various debt instruments

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Capital Market

From CARE

Dena Bank announced that CARE Rating Agency has revised ratings assigned by them to various debt instruments issued by the Bank -

Lower Tier II Bonds (Basel II compliant) - CARE AA (Revised from CARE AA+)

Tier II Bonds (Basel III compliant) - CARE AA (Revised from CARE AA+)

Perpetual Bonds (Basel II compliant) - CARE AA- (Revised from CARE AA)

Additional Tier I Perpetual Bonds (Basel III compliant) - CARE A+ (Revised from CARE AA-)

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First Published: Nov 20 2015 | 5:13 PM IST

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