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DCB Bank informs about credit rating

30 Dec 2017

DCB Bank has informed that the Bank has received on December 29, 2017 a letter dated December 29, 2017 from CRISIL in respect of Fresh Credit Rating for the Basel III Tier II Bonds Programme of Rs150 crore, assigning CRISIL A+ stable rating with Stable outlook, for the proposed programme. The programme under reference shall be subject to all appropriate and applicable approvals. The CRISIL Limited vide letter dated December 29, 2017 has also reaffirmed its CRISIL A1+ rating on the Short- Term Fixed Deport Programme of DCB Bank. The CRISIL Limited vide letter dated December 29, 2017 has also reaffirmed its CRISIL A1+ rating on the Rs 2000 Crore Certificate of Deposits Programme (Enhanced from Rs.1500 Crores) of DCB Bank.

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

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