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Wednesday, Feb 02, 2005

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Money & Banking - Credit Rating


`CARE AA' for BoM bonds

Our Bureau

MUMBAI: CARE has assigned a `CARE AA' rating to the proposed Rs 200 crore Tier II subordinated bond issue of Bank of Maharashtra.

It has also assigned `CARE AA' rating to the existing Tier II subordinated bonds (Series III and Series IV) aggregating Rs 200 crore,.

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