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CI Seminars

CI Seminars

News & Credit Rating Announcements

14 March 2019 | Country: India | Bank: Canara Bank

Canara Bank’s Ratings Affirmed with a Stable Outlook


Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Financial Strength Rating (FSR) of India's Canara Bank at 'BB'. The Bank's severely impaired capital base, high non-performing loan (NPL) ratio, low coverage, weak earnings and ongoing elevated credit risks in some sectors in the country to which it has moderately high exposures are the major factors constraining the ratings.


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  • Bank Rating Report (India, Canara Bank)
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