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DCB Bank announced that CRISIL has reaffirmed and assigned various ratings of DCB Bank as under:
1) reaffirmed “CRISIL A1+ rating on Rs 350 crore on Short Term Bank Facilities.
2) assigned its Credit Rating “CRISIL AA-/Stable” for the Basel III Complaint Tier II Bonds Programme of Rs 300 crore.
3) reaffirmed its Credit Rating “CRISIL AA-/Stable” for the Basel III Complaint Tier II Bonds Programme of Rs 150 crore.
4) reaffirmed “CRISIL A1+” rating on the Short-Term Fixed Deposit Programme of the Bank.
5) reaffirmed “CRISIL A1+” rating on Rs 500 crore Certificates of Deposit Programme of the Bank.
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