Corporate News     29-Dec-20
DCB Bank receives reaffirmation in credit ratings from CRISIL
DCB Bank announced that CRISIL has reaffirmed its Credit Rating “CRISIL AA-/Stable” for the Basel III Complaint Tier II Bonds Programme of Rs.150 crore.

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.

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