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Allahabad Bank informs about credit rating

17 Feb 2016 Evaluate

Allahabad Bank has informed that CRISIL has assigned CRISIL A/Negative rating to Bank’s proposed Basel-III compliant Additional Tier 1 (Perpetual) Bonds aggregating to Rs 1000.00 crore. Further, CRISIL has also reviewed the existing rating of Bank’s outstanding Tier 1 /Tier 2 Bonds rated by them.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
State Bank Of India 978.50
PNB 117.05
Bank Of Baroda 234.55
Canara Bank 125.90
Union Bank Of India 179.25
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