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Jammu and Kashmir Bank informs about revised credit rating

07 Feb 2022 Evaluate

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Jammu and Kashmir Bank has informed that India Ratings and Research has reviewed the credit ratings assigned to the Bank’s Basel III compliant Tier II bonds programme of Rs 2000 Crore (raised Rs 1000 Crore) and assigned the rating of IND A+ with outlook revised to Stable from Negative, the details of which are attached.

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

Peers
Company Name CMP
HDFC Bank 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
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