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Saturday, August 18, 2018

Icra downgrades Syndicate Bank’s tier-II bonds

Icra downgraded Syndicate Bank’s long-term rating for the Rs 3,250-crore Basel-III compliant tier-II bonds to AA (hyb) from AA+(hyb). The outlook on the rating was negative.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2BhQNPs

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