Canara Bank Credit Rating
CareEdge Global Ratings has assigned a 'CareEdge BBB+/Stable' rating to Canara Bank’s USD 3 billion Medium-Term Notes (MTN) programme.
- Value
- ₹28,500 Cr
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CareEdge Global Ratings has assigned a 'CareEdge BBB+/Stable' rating to Canara Bank’s USD 3 billion Medium-Term Notes (MTN) programme.
Canara Bank received confirmation from Fitch Ratings for its US$3 Billion Medium Term Note programme, maintaining existing ratings.
Canara Bank received credit rating actions from India Ratings & Research, including an assignment for Basel III AT1 bonds and affirmations for other existing debt instruments.
Fitch and Moody's assigned 'BBB-' and 'Baa3' ratings respectively to Canara Bank's USD 500 million senior unsecured notes. The ratings carry a stable outlook.