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Lakshmi Vilas Bank gets revision in ratings for Tier II Bonds

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Capital Market
Last Updated : Jul 24 2018 | 6:50 PM IST

From Brickwork Ratings India

Lakshmi Vilas Bank announced that Brickwork Ratings India has revised the rating from 'BWR A -' (BWR A Minus) to 'BWR BBB+' (BWR Triple B Plus) for the Bank's Unsecured Redeemable Non-Convertible Subordinated Lower Tier II Bonds - Series VII (Option B), of Rs. 50.50 crore.

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First Published: Jul 24 2018 | 6:42 PM IST

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