India Ratings & Research Pvt Ltd. has reaffirmed UCO Bank’s long-term issuer rating and Basel III Tier II bond rating at ‘AA/Stable’. This rating action, detailed in a release dated October 16, 2025, reflects the agency’s continued confidence in the bank’s financial stability. The total amount rated is ₹1500 crore.
Rating Reaffirmation
UCO Bank announced that India Ratings & Research Pvt Ltd. has reaffirmed the bank’s Long-Term Issuer Rating and Basel III Tier II Bond Rating at ‘AA/Stable’. This assessment was officially communicated on October 16, 2025.
Key Details
The Credit Rating Agency is India Ratings & Research Pvt Ltd. The credit rating reaffirmed is AA, with a Stable outlook. The total amount rated is ₹1500 crore. The rating action has been reaffirmed as of October 16, 2025.
Source: BSE