Canara Bank Gets IND AAA Rating Affirmed by India Ratings
Mumbai: Canara Bank has informed the stock exchanges that India Ratings & Research (Ind-Ra) has assigned and affirmed credit ratings for the Bank and its instruments on 4 September 2026.
Key Rating Actions
|
Instrument |
Size (₹ billion) |
Rating |
Action |
|---|---|---|---|
|
Issuer Rating |
- |
IND AAA / Stable |
Affirmed |
|
Basel III AT1 Bonds |
45.0 |
IND AA+ / Stable |
Assigned |
|
Infrastructure Bonds |
100.0 |
IND AAA / Stable |
Affirmed |
|
Basel III Tier 2 Instruments |
95.0 |
IND AAA / Stable |
Affirmed |
|
Basel III AT1 Bonds |
120.0 |
IND AA+ / Stable |
Affirmed |
India Ratings continues to take a fully consolidated view of Canara Bank and its subsidiaries. The ratings factor in the Bank’s systemic importance, government support, adequate capital buffers and improving profitability.
Source: Official disclosure by Canara Bank dated 4 September 2026.