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As on : 28-Sep-2026
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28-Sep-2026     19:32

Bandhan Bank’s credit ratings reaffirmed by Crisil Ratings, impacting debentures and certificates of deposit

Bandhan Bank Ltd announced updates to its credit ratings received from Crisil Ratings Limited, dated September 28, 2026, impacting several instruments. Crisil Ratings reaffirmed the rating of “CRISIL AA- / Stable” on Non-Convertible Debentures amounting to Rs. 230 crore (reduced from Rs. 1,295 crore previously), and reaffirmed the rating of “CRISIL A1+” on Certificates of Deposit amounting to Rs. 6,000 crore; furthermore, Crisil Ratings has withdrawn a rating of Rs. 1,065 crore of Non-Convertible Debentures due to repayment and a nil outstanding, aligning with their withdrawal policy, with the rationale published on their website.

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