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| Exchange Received Time 27/10/2017 17:21:13 Exchange Disseminated Time 27/10/2017 17:21:22 Time Taken 00:00:09 | Credit Rating Agency, M/s. Brickwork Ratings India Pvt. Limited has reviewed its ratings on the Additional Tier I Bonds of Rs.1000 crore (including a green shoe option of Rs.300 crore) issued by of our Bank and placed the Rating under watch with Positive implications:
The present rating is BWR BBB+ (Reaffirmed) Rating under watch with positive implications.
The Review of Rating is consequent to the recent announcement of capital infusion by the Government of India (GOI) in its initiative to further strengthen the capital base of the Public Sector Banks (PSBs).
gPlease take note of the above information on record, pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.
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