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CSB Bank informs about credit rating

23 May 2024 Evaluate

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, CSB Bank has informed that, CRISIL Ratings, vide letter dated May 22, 2024 reaffirmed its rating of ‘CRISIL A1+’ for Certificate of Deposits programme and Short-term Fixed Deposit programme of the Bank. CRISIL Ratings also reaffirmed its rating of ‘CRISIL A/Stable’ for the proposed Tier II, Basel III compliant bonds issue Programme of the Bank. The rating rationale has been published and can be accessed at the below link: https://www.crisilratings.com/mnt/winshare/Ratings/RatingList/RatingDocs/CSBBankLimited_May% 2022_%202024_RR_344180.html.

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

Peers
Company Name CMP
HDFC Bank 706.35
ICICI Bank 1351.00
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Kotak Mahindra Bank 443.30
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