Dena Bank gets revision in credit ratings

From CARE

Dena Bank has received revision in credit ratings from CARE as follows -

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 A (Revised from CARE AA-)

Additional Tier I Perpetual Bonds (Basel III Compliant) - CARE BBB+ (Revised from CARE A+)

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