ALPHA TRIBE

Equitas Small Finance Bank LimitedImportant, 17-07-2025: Updates

17-07-2025 | 06:22 pm

Equitas Small Finance Bank's credit ratings have been updated by CARE Ratings. The Issuer Rating has been reaffirmed at CARE AA-; Stable, reflecting solid FY25 performance. CARE also assigned a CARE AA-; Stable rating for a proposed Rs. 500 Cr Lower Tier II Bond issue. Furthermore, existing Lower Tier II Bonds (Rs. 500 Cr) and Certificates of Deposit (Rs. 1,500 Cr) saw their ratings reaffirmed at CARE AA-; Stable and CARE A1+ respectively. This signals consistent credit quality, supporting the bank's financing activities.

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