CRISIL reaffirms ratings of DCB Bank Ltd

CRISIL Ratings Limited (CRISIL) has reaffirmed various ratings of DCB Bank Limited as under:

1. reaffirmed its Credit Rating "CRISIL AA-/Stable" for the Basel III Complaint Tier II Bonds Programme of Rs. 150 crore.
2. reaffirmed "CRISIL A1+" rating on the Short-Term Fixed Deposit Programme of the Bank.
3. reaffirmed "CRISIL A1+" rating on Rs. 1,200 Crore Certificates of Deposit Programme of the Bank; and
4. reaffirmed "CRISIL A1+ rating on Rs. 350 Crore on Short Term Bank Facilities.

Shares of DCB Bank Limited was last trading in BSE at Rs. 78.80 as compared to the previous close of Rs. 80.40. The total number of shares traded during the day was 105984 in over 2106 trades.

The stock hit an intraday high of Rs. 80.00 and intraday low of 78.60. The net turnover during the day was Rs. 8375901.00.

Source : Equity Bulls

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DCBBank INE503A01015 RatingUpdate