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Bank of Maharashtra receives upgrade in ratings for Tier II Bonds

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Capital Market
Last Updated : Jun 13 2022 | 3:31 PM IST

From ICRA

Bank of Maharashtra has received an upgradation in credit ratings from ICRA as under:

Basel II Lower Tier II Bonds (Rs 1000 crore) - ICRA AA; Stable (upgraded from ICRA AA-; Stable)

Basel III Tier II Bonds (Rs 1600 crore) - ICRA AA; Stable (upgraded from ICRA AA-; Stable)

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First Published: Jun 13 2022 | 3:03 PM IST

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