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Lakshmi Vilas Bank gets revision in credit ratings for Tier II Bonds

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Capital Market

From Brickwork Ratings

Lakshmi Vilas Bank announced that Brickwork Ratings India has revised the rating from 'BWR BBB+' to 'BWR BBB-' (Credit watch with Developing Implications) for our Unsecured Redeemable Non-Convertible Subordinated Lower Tier II Bonds - Series VII (Option B) of Rs. 50.50 crore.

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First Published: Feb 26 2019 | 11:40 AM IST

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