DCB Bank - Information about Fresh Credit Rating for the proposed Basel III Tier II Bonds Programme up to Rs. 200 Cr.

January 28, 2016 - 01:17:00 PM

DCB Bank Ltd has informed BSE that the Bank has received on January 27, 2016 a letter dated January 22, 2016 from ICRA Limited in respect of Fresh Credit Rating for the Basel III Tier II Bonds Programme of Rs. 200 crore, assigning "[ICRA] A+ hyb" (pronounced as ICRA A plus hybrid) rating with Stable outlook, for the proposed programme.

The programme under reference shall be subject to all appropriate and applicable approvals.

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