|
Equitas Small Finance Bank Ltd announced credit rating actions from multiple agencies, including India Ratings and Research (Ind-Ra) and Care Ratings, alongside reaffirmations and assignments across various instruments. India Ratings and Research affirmed the IND AA-/Stable rating for Tier II bonds (INE063P08112) amounting to 5,000, a Tier II bond of 10,000, and a Tier II bond (Unutilised) also of 5,000, while assigning an IND A1+ rating to Certificate of Deposits with an amount of 25,000; additionally, Ind-Ra reaffirmed the IND A1+ rating for Certificate of Deposits up to 365 days. Furthermore, India Ratings reaffirmed an Issuer Rating of IND AAA (Stable) and reaffirmed Tier II Bonds of 200 crore with a rating of BBB+ (Stable), assigned Tier II Bonds of 200 crore with a rating of IND AA+ (Stable) for proposed bonds, and assigned a PRO-AAA rating to Tier II bonds of 200 crore with a Stable outlook, while Care Ratings assigned an A1+ rating to Commercial Paper and CRISIL assigned a BBBBB(Stable) rating to Certificate of Deposits.
|