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Canara Bank — Capital/Financing Update 2020
Mar 3, 2020
61440_rns_2020-03-03_e8091928-f32e-4b38-a3a1-4f78764dfc98.pdf
Capital/Financing Update
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thoti:I tl<t, A Canara Bank
March 03, 2020
Ref:: MD&CEO:SD:918/919/11/12::2020
The Vice President The Vice President The Bombay Stock Exchange Ltd. Listing Department Phiroze Jeejeebhoy Towers National Stock Exchange of India Ltd Dalal Street, EXCHANGE PLAZA MUMBAI - 400 001 Bandra-Kurla Complex, Bandra [E] MUMBAI 400051
Dear Sir/Madam,
Subject: Rating by CARE RATINGS for Bank's Bond Instrument.
The Exchanges are hereby informed that CARE Ratings (Rating Agency) has assigned the following rating for Proposed Rs 3000 Crore Basel III Tier II Bonds.
| S.NOInstrument Type | Size of Issue(RsinCrore) | Rating/Rating Watch | Rating Action |
|---|---|---|---|
| 1Proposed Basel IIICompliant Tier II Bonds | 3000.0(Rupees ThreeThousandCrore Only) | CARE AAA(Triple A)(Credit watch withdevelopingimplications) | Assigned : Placed onCredit watch withdevelopingimplications |
The rating along with rating rationale is available on the Care Ratings Website - www.careratings.com .
This is in compliance of SEBI (LODR) Regulations, 2015
Yours �t�t�P� For CANARA BANK � VIN .i£ AY MOHTA COMPANY SECRETARY �l �ral Manager & Company Sttrtllry
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E-Mail - [email protected]