ICRA Ltd has informed BSE that ICRA Ltd (ICRA) and Vijaya Bank have signed a Memorandum of Understanding (MoU) under which ICRA will assign ratings to the Bank''s loans and its other exposures under the standardized approach of RBI''s New Capital Adequacy Framework for Basel-II. Further the Company has issued a Press Release titled "ICRA in MoU with Vijaya Bank to rate Bank Loans under RBI''s New Capital Adequacy Framework for Basel-II"
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