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RBL Bank receives affirmation in credit ratings from ICRA

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RBL Bank announced that ICRA has reaffirmed the rating for various programmes of the Bank. The rating for Basel Ill Compliant Tier II Bond Programme has been reaffirmed at [ICRA] AA- (hyb) (stable) and the ratings for Medium Term Fixed Deposits reaffirmed at MAA (stable). The short term rating for Certificate of Deposit Programme and Short Term Fixed Deposit Programme has been reaffirmed at [ICRA] A 1 +.

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First Published: Jan 13 2020 | 5:31 PM IST

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