From ICRA
DCB Bank has received on 27 January 2016 a letter dated January 22, 2016 from ICRA in respect of Fresh Credit Rating for the Basel III Tier II Bonds Programme of Rs. 200 crore, assigning [ICRA] A+ hyb (pronounced as ICRA A plus hybrid) rating with Stable outlook, for the proposed programme.The programme under reference shall be subject to all appropriate and applicable approvals.
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