MoneyWorks4Me

DCB Bank informs about credit rating

24 Dec 2022 Evaluate
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.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
View more..