Crisil assigns / re-affirms Rating for UCO Bank

CRISIL has reaffirmed following ratings to UCO Bank's CD programme:

Rs 70 Billion Certificate of Deposit Programme : P1+ (Enhanced from Rs 60 Billion)

Rs.2.5 Billion Tier I Perpetual Debt Issue: AA/Stable (Reaffirmed)

Rs 2.0 Billion Tier I Perpetual Debt Issue: AA/Stable (Reaffirmed)

Rs 5.0 Billion Upper Tier II Bond Issue: AA/Stable (Reaffirmed)

Rs 3.0 Billion Upper Tier II Bond Issue: AA/Stable (Reaffirmed)

Rs 3.0 Billion Lower Tier II Bond Issue: AA/Stable (Reaffirmed)

Rs 2.5 Billion Lower Tier II Bond Issue: AA/Stable (Reaffirmed)

Rs 1.5 Billion Lower Tier II Bond Issue: AA/Stable (Reaffirmed)

Source : Equity Bulls

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