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DCB Bank gets reaffirmation in credit ratings

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Capital Market

From CARE

DCB Bank announced that CARE has reaffirmed the Credit Rating '[ICRA]A+ (hyb) (stable)' rating with Stable outlook for the Basel III Compliant Tier II Bonds Programme of Rs. 550 crore.

Further, ICRA has also reaffirmed '[ICRA] A1+' rating on the Short Term Fixed Deposit Programme of the Bank.

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First Published: Dec 29 2018 | 7:09 PM IST

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