Canara Bank receives affirmation in credit ratings from India Ratings and Research
India Ratings and Research (Ind-Ra) has affirmed Canara Bank's Long-Term Issuer Rating at 'IND AAA'. The Outlook is Stable. The instrument-wise rating actions are as follows:
Instruments Amount (Rs crore) Rating Basel III ATI Bonds 4,000 IND AA+/ Stable Infrastructure Bonds 10,000 IND AAA/ Stable Basel III Tier 2 instruments (yet to be issued) 12,900 IND AAA/ Stable Basel III AT1 bonds 12,436.1 IND AA+/ StablePowered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Aug 16 2024 | 5:15 PM IST