Allahabad Bank informs about credit rating
Date: 17-02-2016Allahabad 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.