Bandhan Bank Ltd announced updates to its credit ratings received from Crisil Ratings Limited, dated September 28, 2026, impacting several instruments. Crisil Ratings reaffirmed the rating of “CRISIL AA- / Stable” on Non-Convertible Debentures amounting to Rs. 230 crore (reduced from Rs. 1,295 crore previously), and reaffirmed the rating of “CRISIL A1+” on Certificates of Deposit amounting to Rs. 6,000 crore; furthermore, Crisil Ratings has withdrawn a rating of Rs. 1,065 crore of Non-Convertible Debentures due to repayment and a nil outstanding, aligning with their withdrawal policy, with the rationale published on their website.
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