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CRISIL reaffirms DCB Bank’s ratings

29 Dec 2020 Evaluate

Credit rating agency – CRISIL has reaffirmed DCB Bank’s Basel III Complaint Tier II Bonds Programme of Rs 150 crore at ‘AA-’/Stable. The rating agency also reaffirmed bank’s Short-Term Fixed Deposit Programme, Certificates of Deposit Programme and Short Term Bank Facilities at ‘A1+’.

DCB Bank is one of the emerging private sector banks in India. The Bank is amongst the first private sector banks to waive advisory fee and service charge for Mutual Fund investment.

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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