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From Acuite Ratings & ResearchCentral Bank of India announced that Acuite Ratings & Research has assigned Acuite AA-; Stable rating for the bank s Basel III Tier II Bonds. The rating takes into account the strong ownership and demonstrated capital support from the Bonds Government of India. Acuite believes that the Government of India will continue to provide significant support to large public sector banks like Central Bank of India which plays a critical role in penetration of financial services and social development. The rating further factors in the improvement in capitalization levels, healthy retail liability profile and its large franchise with pan India ....
From Acuite Ratings & ResearchK P I Global Infrastructure announced that Acuite Ratings & Research has assigned rating of ACUITE Provisional A- (A Minus); Outlook: Stable for the long term facilities of Rs. 25 crore by issuance of Non-Convertible Debenture proposed to be issued, as may be decided by the Board of Directors of the Company. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed an ....