DCB Bank has received reaffirmation in credit ratings from ICRA as under – Basel III Complaint Tier II Bonds Programme Rs 31340 crore – ICRA A; Stable Short-Term Fixed Deposit Programme – ICRA A1 Further ICRA has reaffirmed and withdrawn rating of ICRA A; Stable on bonds amounting to Rs 23660 crore on which the Bank has exercised call option and redeemed the rated amounts on 27 December 2021
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