Canara Bank receives affirmation in credit ratings

From India Ratings

Canara Bank has received credit ratings from India Ratings and Research as under:

Issuer Rating - IND AAA/ Stable (reaffirmed)
Basel III AT1 Bonds (Rs 4,500 crore) - IND AA+/Stable (assigned)
Infrastructure Bonds (Rs 10,000 crore) - IND AAA/ Stable (reaffirmed)
Basel III Tier 2 Instruments (Rs 9,500 crore) - IND AAA/ Stable (reaffirmed)
Basel III AT 1 Bonds (Rs 12,000 crore) - IND AAA/ Stable (reaffirmed)