AU Small Finance Bank has informed that CRISIL Ratings has upgraded rating of the long-term debt instruments of the company to CRISIL AA/Stable (Double A; Outlook: Stable) from the earlier rating AA-/Positive (Double A Minus; Outlook: Positive). The rating on fixed deposit programme has migrated and simultaneously upgraded to CRISIL AA+/Stable (Double A PLUS; Outlook: Stable) from ‘FAA+/ Positive’ (F Double A; Outlook: Positive). The rating on Short-term Instruments (Certificate of Deposits) of the Bank has been reaffirmed at CRISIL A1+ (A One Plus). Rating Rationale of the CRISIL Ratings is enclosed.
The above information is a part of company’s filings submitted to BSE.
