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Federal Bank receives credit action from CARE

Capital Market 

Federal Bank has received reaffirmation and assignment of credit ratings to the Tier-II Bonds of the Bank as mentioned below:

Tier II Bonds (Rs 1000 crore) - CARE AA; Positive (assigned) Tier II Bonds (Rs 500 crore) - CARE AA; Positive (reaffirmed) Tier II Bonds (Rs 500 crore) - CARE AA; Positive (reaffirmed)

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)


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First Published: Fri, February 24 2023. 19:48 IST
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