India Ratings and Research (Ind-Ra) has affirmed Canara Bank's Long-Term Issuer Rating at 'IND AAA'. The Outlook is Stable. The instrument-wise rating actions are as follows:
Instruments Amount (Rs crore) Rating Basel III ATI Bonds 4,000 IND AA+/ Stable Infrastructure Bonds 10,000 IND AAA/ Stable Basel III Tier 2 instruments (yet to be issued) 12,900 IND AAA/ Stable Basel III AT1 bonds 12,436.1 IND AA+/ StablePowered by Capital Market - Live News
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