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Bandhan Bank receives reaffirmation in credit ratings from CRISIL

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Capital Market
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.

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First Published: Apr 01 2020 | 3:37 PM IST

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