From CARE
Corporation Bank has received revision in credit ratings from Credit Analysis & Research as follows -
Lower Tier II Bonds (Rs 500 crore) - CARE AA-; Stable (Reaffirmed)
Upper Tier II Bonds (Rs 2850 crore) - CARE A+; Stable (Reaffimed)
Perpetual Bonds (Rs 737.50 crore) - CARE A+; Stable (Reaffirmed)
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