Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, CSB Bank has informed that India Ratings & Research, vide letter dated August 18, 2022, has reaffirmed its rating of ‘IND A’ with Outlook Stable, to the Rs 500 Crore, Basel III- compliant Tier II bonds issue Programme of the Bank. The Bank has not yet issued bonds as part of the programme. The rating rationale has been published and can be accessed at the following link: https://www.indiaratings.co.in/pressrelease/59272
The above information is a part of company’s filings submitted to BSE.
