Indian Bank announced that CRISIL has assigned fresh rating of CRISIL A1+ to Banks proposed additional Certificate of Deposits of Rs.10,000 crore (Total Rs.35,000 crore). Further, they have also re-affirmed their outstanding rating on Banks outstanding/ proposed Basel III AT 1 Perpetual Bonds, Basel III Tier 2 Bonds and Certificate of Deposits. The details are as under: Basel III AT 1 Perpetual Bonds – CRISIL AA+, Outlook: Stable
Basel III Tier 2 Bonds – CRISIL AAA, Outlook: Stable
Certificate of Deposits – CRISIL A1+ Powered by Capital Market – Live News
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