13-Aug-2026      19:26

CSB Bank's Rs 500 crore Tier II Bonds programme sees rating revisions from India Ratings & Research

CSB Bank Ltd announced revisions and reaffirmations across its debt instruments, with India Ratings & Research revising the outlook on its Basel III-compliant Tier II Bonds issue programme of Rs 500 crore from 'Positive' to 'Stable' and reaffirming the IND A rating, alongside affirming the IND A rating for its Tier II Bonds with a maturity of August 13, 2026, while also assigning a stable outlook; India Ratings also affirmed the BBB+ rating for Tier II Bonds of Rs 500 crore, stating the rating reflects specific factors, and Ind-Ra revised the stable outlook for its Basel III-compliant Tier II bonds of 5,000, affirming the IND A rating, with all ratings explicitly stated as not being a recommendation, and noting that a rating was enclosed as of August 13, 2026, while a revision in outlook was noted for the Tier II Bonds Issue Programme without specific rating details, and no further rating data was found.

News source: Capital Market - Live News