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CRISIL reaffirms ratings of DCB Bank Ltd

CRISIL reaffirms ratings of DCB Bank Ltd
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ICRA reaffirms ratings of DCB Bank Ltd

DCB Bank receives reaffirmation in credit ratings from CRISIL

CRISIL also reaffirmed CRISIL A1+ rating on the Short-Term Fixed Deposit Programme of the Bank. CRISIL has also reaffirmed CRISIL A1+ rating on Rs.1,200 crore Certificates of Deposit Programme of the Bank. CRISIL has also reaffirmed CRISIL A1+ (Assigned) rating on Rs.350 crore (enhanced from Rs.300 crore) on Short Term Bank Facilities. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with cred

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CRISIL updates on ratings of DCB Bank Limited

CRISIL updates on ratings of DCB Bank Limited Posted On: 2020-12-29 01:48:40 (Time Zone: Arizona, USA) DCB Bank Limited has received a letter No.DEVCRED / 261064 / TIIBUBIII / 122003366 dated December 28, 2020, from CRISIL Limited, reaffirming its Credit Rating CRISIL AA-/Stable for the Basel III Complaint Tier II Bonds Programme of Rs.150 crore. CRISL Limited vide its letter No.DEVCRED / 261064 / STFD / 122003362 dated December 28, 2020 has also reaffirmed CRISIL A1+ rating on the Short-Term Fixed Deposit Programme of the Bank. CRISIL Limited vide its letter No.DEVCRED / 261064 / CD / 122003364 dated December 28, 2020 has also reaffirmed CRISIL A1+ rating on Rs.1,200 Crore Certificates of Deposit Programme of the Bank.

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