Bandhan Bank receives reaffirmation in credit ratings from CRISIL

Bandhan Bank has received reaffirmation in credit ratings from CRISIL as under -
Certificate of Deposits (Rs 6000 crore) - CRISIL A1+
Non-Convertible Debentures* (Rs 5075 crore) - CRISIL AA/Stable
Fixed Deposits Programme* (Rs 1600 crore) - FAAA/Stable
Subordinated Debt* (Rs 35 crore) - CRISIL AA/Stable
*transferred from Gruh Finance pursuant to the Scheme of Amalgamation.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Apr 01 2020 | 3:37 PM IST
