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ICRA re-affirms Utkarsh Small Finance Bank's ratings; outlook revised to Negative for Subordinated debt | Bullu
UTKARSHBNK
ICRA re-affirms Utkarsh Small Finance Bank's ratings; outlook revised to Negative for Subordinated debt
Source
|
07:35 22 May 25
credit ratings
regulatory filings
ICRA has re-affirmed the credit ratings for Utkarsh Small Finance Bank Limited.
The rating for Subordinated debt of ₹400 crore has been reaffirmed at [ICRA]A+, but the outlook has been revised to Negative from Stable.
The rating for Certificate of Deposit of ₹1,000 crore has been reaffirmed at [ICRA]A1+.
Detailed rationale provided by ICRA Limited can be accessed at https://www.icra.in
The disclosure is available on the bank’s website i.e. www.utkarsh.bank.
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