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DCB Bank gets revision in credit ratings from CRISIL

Capital Market 

DCB Bank announced that CRISIL has upgraded its Credit Rating to "CRISIL AA-/Stable". from "CRISIL A+/Stable" for the Basel III Complaint Tier II Bonds Programme of Rs. 150 crore.

CRISIL has reaffirmed "CRISIL A1+" rating on the Short Term Fixed Deposit Programme of the Bank.

CRISIL has also reaffirmed "CRISIL A1+" rating on Rs. 2,000 Crore Certificates of Deposit Programme of the Bank.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, December 29 2018. 19:12 IST
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