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Jammu and Kashmir Bank receives revision in credit ratings from India Ratings

7 Feb 2022 , 09:11 AM

Jammu and Kashmir Bank announced that India Ratings and Research has reviewed the credit ratings assigned to the Banks Basel III compliant Tier II bonds programme of Rs. 2000 crore (raised Rs. 1000 Crore) and assigned the rating of IND A+ with outlook revised to Stable from Negative.

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