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RBL Bank receives affirmation in credit ratings from ICRA

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RBL Bank announced that ICRA has reaffirmed the rating for various programmes of the Bank.

The rating for Basel Ill Compliant Tier II Bond Programme has been reaffirmed at [ICRA] AA- (hyb) (stable) and the ratings for Medium Term Fixed Deposits reaffirmed at MAA (stable). The short term rating for Certificate of Deposit Programme and Short Term Fixed Deposit Programme has been reaffirmed at [ICRA] A 1 +.

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

First Published: Mon, January 13 2020. 17:31 IST
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