Credit rating agency – CRISIL has re-affirmed CSB Bank’s Certificate of Deposits Programme and Short Term Fixed Deposits Programme at ‘A1+’. As per CRISIL ratings schedule, the instruments with rating symbol of ‘A1+’ are considered to have very strong degree of safety regarding timely payment of financial obligations. Such instruments carry lowest credit risk.
Catholic Syrian Bank (CSB Bank) is one of the oldest private sector banks in India. Under its SME banking business, the bank caters to financial institutions, agriculture and allied businesses, and vendors and dealers of corporates.
