Equitas Small Finance Bank Limited — Credit Ratings, 09-12-2025: Credit Rating- Others

Equitas Small Finance Bank's credit ratings have been reaffirmed by India Ratings & Research (Ind-Ra). The Issuer rating and Tier II bonds worth Rs 1,000 Cr are affirmed at IND AA-/Stable. Certificate of deposits for Rs 2,500 Cr are affirmed at IND A1+. All outlooks are stable, indicating continued financial stability.