Canara Bank Receives Affirmation in Credit Ratings
India Ratings and Research reaffirmed Canara Bank’s Issuer Rating at IND AAA with a stable outlook and assigned/confirmed stable ratings for Basel III AT1 bonds (Rs 4,500 crore), infrastructure bonds (Rs 10,000 crore) and Basel III Tier 2 instruments (Rs 9,500 crore), all reflecting continued credit strength.