Central Bank of India receives reaffirmation in credit ratings from CRISIL

Central Bank of India announced on 11 September 2020 that CRISIL Ratings has reaffirmed its rating on Long-term debt instruments of the Bank as under:

The revised rating is as under:
a) Lower Tier II Bonds (Under Basel II) -Credit Rating reaffirmed to A+/Stable
b) Upper Tier II Bonds (Under Basel II) -Credit Rating reaffirmed to A/Stable
c) Tier II Bonds (Under Basel III) -Credit Rating reaffirmed to A+/Stable
d) Perpetual Tier I Bonds (Under Basel II) -Credit Rating reaffirmed to A/Stable