DCB Bank receives affirmation in credit ratings from CRISIL

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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