Canara Bank has informed that the exchanges informed that Care Ratings has revised/upgraded the rating of Bank's Additional Tier I Bonds (Basel III) to 'CARE AA+; Stable'. Care Ratings has also reaffirmed its rating on Bank's Tier II Bonds (Basel III) to 'CARE AAA; Stable. The instrument-wise rating is attached. The detailed rating action along with the rating rationale is available on their website (www.careratings.com). A copy of the ratings along with the rating rationale is also enclosed.
The above information is a part of company’s filings submitted to BSE.
