DCB Bank has informed that in its Rating Rationale dated December 23, 2022, CRISIL Ratings (CRISIL) has reaffirmed and assigned various ratings of DCB Bank as under: reaffirmed 'CRISIL A1+ rating on Rs 350 Crore on Short Term Bank Facilities; assigned its Credit Rating 'CRISIL AA-/Stable' for the Basel III Complaint Tier II Bonds Program of Rs 300 crore; reaffirmed its Credit Rating 'CRISIL AA-/Stable' for the Basel III Complaint Tier II Bonds Program of Rs 150 crore; reaffirmed 'CRISIL A1+' rating on the Short-Term Fixed Deposit Program of the Bank; reaffirmed 'CRISIL A1+' rating on Rs. 500 Crore Certificates of Deposit Program of the Bank; and The Rating Rationale is available on website of CRISIL.
The above information is a part of company’s filings submitted to BSE.