MoneyWorks4Me

DCB Bank informs about company updates

28 Jan 2016 Evaluate

DCB Bank has informed that the Bank has received on January 27, 2016 a letter dated January 22, 2016 from ICRA Limited in respect of Fresh Credit Rating for the Basel III Tier II Bonds Programme of Rs 200 crore, assigning ‘[ICRA] A+ hyb’ (pronounced as ICRA A plus hybrid) rating with Stable outlook, for the proposed programme. The programme under reference shall be subject to all appropriate and applicable approvals.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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