Canara Bank receives affirmation in credit ratings from India Ratings and Research
India Ratings and Research (Ind-Ra) has affirmed Canara Bank's Long-Term Issuer Rating at 'IND AAA'. The Outlook is Stable. The instrument-wise rating actions are as follows:
| Instruments | Amount (Rs crore) | Rating |
| Basel III ATI Bonds | 4,000 | IND AA+/ Stable |
| Infrastructure Bonds | 10,000 | IND AAA/ Stable |
| Basel III Tier 2 instruments (yet to be issued) | 12,900 | IND AAA/ Stable |
| Basel III AT1 bonds | 12,436.1 | IND AA+/ Stable |
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