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Corporation Bank gets revision in credit ratings

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Capital Market
Last Updated : Jul 05 2018 | 6:31 PM IST

From CARE

Corporation Bank announced that CARE has reviewed the ratings of the Bank's Debt instrument as below -

Lower Tier II Bonds (Rs 500 crore) - CARE AA-; Negative (Reaffirmed)
Upper Tier II Bonds (Rs 2850 crore) - CARE A+; Negative (Reaffirmed)
Perpetual Bonds (737.50 crore) - CARE A+; Negative (Reaffirmed)

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First Published: Jul 05 2018 | 6:09 PM IST

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