CRISIL reaffirms credit rating of Karur Vysya Bank

The rating of the company on the certificate of deposit programme has been reaffirmed at CRISIL A1+.

Nov 03, 2020 12:11 IST India Infoline News Service

Karur Vysya Bank
CRISIL Limited has reaffirmed the credit rating of Karur Vysya Bank Limited. The rating of the company on the certificate of deposit programme has been reaffirmed at CRISIL A1+.

“Instruments with rating of CRISIL A1+ are considered to have very strong degree of safety regarding timely payment of financial obligations. Such instruments carry lowest credit risk,” company informed the exchanges on Monday.

At around 12.04 PM, Karur Vysya Bank Ltd was trading at Rs32.30 per equity share up by Rs0.15 or 0.47% from its previous closing of Rs32.15 per equity share on the BSE.
The scrip opened at Rs32.15 and has touched an intraday high and low of Rs32.65 and Rs32.15 respectively.

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