DCB Bank receives affirmation in credit ratings from ICRA

DCB Bank announced that ICRA has reaffirmed and assigned various ratings of DCB Bank as under:

1) reaffirmed its Credit Rating ICRA A+ (Positive), outlook revised to Positive from Stable for the Basel III Complaint Tier II Bonds Programme of Rs 13.40 crore.

2) reaffirmed its Credit Rating ICRA A1+ on the Short-Term Fixed Deposit Programme of the Bank.

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