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Bangalore, April 16

Vijaya Bank has signed a MoU with Credit Analysis & Research Ltd (CARE), one of the RBI accredited rating agency, to provide bank loan ratings to its corporate clients at a concessional fee.

As per the terms of the MoU, the corporate customers of the bank will be able to have their loan exposures rated by CARE. Vijaya Bank said in a release that the MoU with CARE will encourage its corporate clients to go for credit rating, which will be beneficial to the clients in pricing.

— Our Bureau

More Stories on : Credit Rating | Public Sector Banks

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