DCB Bank has received reaffirmation in credit ratings from ICRA as under -
Basel III Complaint Tier II Bonds Programme (Rs 313.40 crore) - ICRA A+; Stable
Short-Term Fixed Deposit Programme - ICRA A1+
Further, ICRA has reaffirmed and withdrawn rating of ICRA A+; Stable on bonds amounting to Rs 236.60 crore, on which the Bank has exercised call option and redeemed the rated amounts on 27 December 2021.
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