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ICRA reaffirms rating of Corporation Bank’s Debt Instrument

17 Dec 2018 Evaluate

Credit rating agency, ICRA has reaffirmed the rating of the Corporation Bank’s Debt Instrument. The agency has reaffirmed rating of ‘A1+’ to the bank’s Certificate of Deposits of Rs 30,000 crore.

Corporation Bank is a Mangalore-based mid-sized public sector bank which was established in 1906.

Peers
Company Name CMP
State Bank Of India 970.50
PNB 114.65
Bank Of Baroda 232.10
Canara Bank 122.70
Union Bank Of India 176.00
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