CRISIL reaffirms rating on Equitas Small Finance Bank Ltd's Certificate of Deposits

CRISIL Ratings has after due consideration, reaffirmed its CRISIL A1+ (pronounced as CRISIL A one plus rating) rating on the Rs.100 Crore (Reduced from Rs.500 Crore) Certificate of Deposits of Equitas Small Finance Bank Limited (debt instrument). Securities with this rating are considered to have very strong degree of safety regarding timely payment of financial obligations. Such securities cany lowest credit risk.

Shares of Equitas Small Finance Bank Limited was last trading in BSE at Rs. 93.42 as compared to the previous close of Rs. 93.66. The total number of shares traded during the day was 283176 in over 4329 trades.

The stock hit an intraday high of Rs. 94.40 and intraday low of 92.92. The net turnover during the day was Rs. 26558607.00.

Source : Equity Bulls

Keywords

EquitasSmallFinanceBank INE063P01018 CertificateofDeposits RatingUpdate Reaffirmed