Corporation Bank gets revision in credit ratings from CARE

Corporation Bank announced that CARE Ratings has revised the credit ratings of the Bank's Debt instruments as below -

Upper Tier II Bonds (Rs 850 crore) - CARE A+; Stable (Revised from CARE A+; Negative)

Perpetual Bonds (Rs 500 crore) - CARE A+; Stable (Revised from CARE A+; Negative)

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