Skip to main content

MoneyWorks4Me

ICRA reaffirms Karur Vysya Bank’s rating to A1+

03 Dec 2020 Evaluate

Credit rating agency -- ICRA has reaffirmed Karur Vysya Bank’s Certificate of Deposit Programme to A1+. As per ICRA, instruments with this rating are considered to have very strong degree of safety regarding timely payment of financial obligations. Such instruments carry lowest credit risk.

Karur Vysya Bank is among six old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.

Peers
Company Name CMP
HDFC Bank 685.00
ICICI Bank 1385.70
Axis Bank 1226.10
Kotak Mahindra Bank 457.00
Indusind Bank 868.40
View more..