UCO Bank’s credit rating has been reaffirmed at ‘AA-/Positive’ for its Basel III AT I Bonds and ‘AA/ Positive’ for its Issuer Rating by Infomerics Valuations & Research Pvt. Ltd. The rating agency also confirmed the outlook as Positive. This reaffirmation reflects the bank’s stable financial standing and its positive future prospects. The details of the rating were disclosed on August 5, 2026.
Credit Rating Reaffirmed by Infomerics
UCO Bank has received a reaffirmation of its credit ratings from Infomerics Valuations & Research Pvt. Ltd. The bank’s Basel III AT I Bonds have been rated ‘AA-/Positive’, while its Issuer Rating stands at ‘AA/ Positive’. This signifies a strong creditworthiness and a favorable outlook for the institution.
Details of the Rating Reaffirmation
The credit rating agency confirmed the ratings on August 4, 2026. The amount rated for the Basel III AT I Bonds is ₹1,000 crore, with an utilized amount of ₹500 crore. The outlook associated with these ratings is ‘Positive’, indicating expectations of continued stability and potential for improvement in UCO Bank’s financial performance and credit profile.
The press release detailing this reaffirmation is available via a provided link for further information.
Source: BSE
