UCO Bank - Ratings Lowered with a Negative Outlook

Overview

Capital Intelligence Ratings (CI Ratings), the international credit rating agency, today announced that it has lowered the Financial Strength Rating (FSR) of India's UCO Bank to 'BB-' from 'BB', in view of the deterioration in asset quality and operating profitability, and the severely impaired capital base.

Attachments

• Credit Rating Announcement (CRA)
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• Bank Rating Report (India, UCO Bank)
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