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ALLAHABAD BANK - Rating of the Bank's proposed Basel - III compliant Tier 2 Bonds aggregating Rs. 500.00 crore<BR>
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11 Dec 2014
Allahabad Bank has informed BSE that CRISIL Ratings vide their letter dated December 10, 2014 has assigned &lt;BR&gt;&quot;AA+/Negative&quot; (pronounced &quot;CRISIL double A plus with negative outlook&quot;) rating to the Bank&apos;s proposed Basel -III compliant Tier 2 Bonds aggregating Rs. 500.00 crore.&lt;BR&gt;&lt;BR&gt;Further, the outstanding ratings of the Bank&apos;s Existing, Lower Tier 2, Upper Tier 2 and Innovative Perpetual Debt Instruments (IPDI) Bonds have also been re-affirmed by CRISIL and CARE.
View all announcements for ALLAHABAD BANK Source: BSE India