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Canara Bank informs about credit rating

06 Oct 2022 Evaluate

Canara Bank has informed, the exchanges are informed that the Fitch Ratings has affirmed Bank's Long-Term Issuer Default Rating (IDR) at 'BBB-'. The Outlook is Stable. Fitch has also affirmed its Government Support Rating (GSR) at 'bbb-' and upgraded the Viability Rating (VR) to 'bb-' from 'b+'. The ratings along with rating rationale are available on the Fitch Ratings’ Website: www.fitchratings.com. (Copy enclosed).

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

Peers
Company Name CMP
State Bank Of India 954.05
PNB 110.50
Bank Of Baroda 233.00
Canara Bank 118.55
Union Bank Of India 168.10
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