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Karur Vysya Bank informs about credit rating

12 Feb 2021 Evaluate
Karur Vysya Bank has informed that with respect to Base III Tier II Bonds of the Bank, India Ratings & Research has affirmed the credit rating as IND A+, Stable. As per India Ratings & Research schedule:- IND A+: Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk.

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

Peers
Company Name CMP
HDFC Bank 710.20
ICICI Bank 1341.60
Axis Bank 1248.50
Kotak Mahindra Bank 431.25
Indusind Bank 906.95
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