Lakshmi Vilas Bank receives downgrade in ratings for Tier II Bonds
From Brickwork Ratings India
Lakshmi Vilas Bank announced that Brickwork Ratings India has downgraded the rating from "BWR BB+" (Credit Watch with Developing Implications) to "BWR B+" (Credit Watch with Negative Implications) for the bank's Unsecured Redeemable Non-Convertible Subordinated Lower Tier II Bonds - Series VII (Option B) of Rs.50.50 crore.Powered by Capital Market - Live News
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First Published: Oct 07 2020 | 5:50 PM IST