Private sector lender, Bank of Rajasthan has signed a deal with credit rating firm ICRA Ltd for rating the bank's exposures under the standardized approach of RBI`s New Capital Adequacy Framework (Basel-II) in the corporate sector and state run units.

The ratings would enable the bank in assigning proper risk weights under Basel-II linked to various rating categories, which will be as per RBI`s guideline on New Capital Adequacy Framework and the bank's potential borrowers would be offered special terms for obtaining the ICRA ratings, the bank said in a statement.

The bank's shares on Wednesday fell by 0.43 percent to Rs 80. The total volume of bank's shares traded at the BSE was 26,073.

The Bank of Rajasthan Ltd has been serving its customers since 57 years through its wide range of branch network spread across the country. Bank have specialized forex and industrial finance branches. It offers services in personal banking segment, commercial banking, demat service and has attractive deposit schemes to choose from according to the individual needs.

Bank of Rajasthan has a network of 463 branches and 1 extension counter; all are linked online through a computerized network. The bank has a tie-up with Corporation Bank, Axis Bank, member banks of Cash Tree Group and SBI for ATM usage. Bank of Rajasthan's International Debit Card can be used at any of these ATMs.