Vijaya Bank Signs Pact With CARE

Vijaya Bank has inked a pact 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