NSE: 

Credit Rating

 

Credit Rating of Banks Deposits and Debt Instruments

The rating factors in the long standing track record of the bank, high level of capitalization aided by the successful GDR issue and internal accruals, strong solvency position, higher profitability and improving risk management systems and technology orientation.
 
Short term deposits: P1+ by CRISIL
This rating' P' indicates that the degree of safety regarding timely payment on the instrument is very strong.
The "+" (plus) sign for ratings reflects a comparatively higher standing within the category.
 
Certificate of Deposit: P1+ by CRISIL
The Certificates of deposit issued by the bank are rated P1+ by CRISIL
This rating' P' indicates that the degree of safety regarding timely payment on the instrument is very strong.
The "+" (plus) sign for ratings reflects a comparatively higher standing within the category.
 
Long term debt: AA by CARE
Instruments with this rating are considered to offer high safety for timely servicing of debt obligations. Such instruments carry very low credit risk.
 
Long term debt - AA – (ind) by FITCH
'AA' national ratings denote a comparatively low credit risk relative to other issuers or issues in the country. The credit risk inherent in these financial commitments differs only slightly from the country's highest rated issuers or issues.
The suffix ‘(ind)' refers to National Ratings assigned by Fitch India.