UCO Bank Assigned First-Time BBB- Long-Term IDR by Fitch

MT Newswires Live07-28

UCO Bank (NSE:UCOBANK, BOM:532505) has been assigned a first-time long-term issuer default rating (IDR) of 'BBB-' with a stable outlook by Fitch Ratings.

The lender was also assigned a short-term IDR of F3, according to a Monday release by the ratings agency.

Fitch has also assigned UCO a government support rating (GSR) of 'bbb-' and a viability rating (VR) of 'bb.'

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