UCO Bank’s short-term rating for its Certificate of Deposit (CD) programme has been reaffirmed at ‘CRISIL A1+’ by CRISIL Rating. The amount rated stands at ₹10,000 crore. This reaffirmation, effective from 14.08.2026, underscores the bank’s strong short-term creditworthiness and is a positive indicator for its financial health.
CRISIL Rating Reaffirms UCO Bank’s Short-Term Creditworthiness
UCO Bank has announced the reaffirmation of its short-term rating for its Certificate of Deposit (CD) programme by CRISIL Rating. The prestigious ‘CRISIL A1+’ rating signifies a very strong degree of safety regarding timely payments to debt holders. This rating was reaffirmed on 14.08.2026.
Key Details of the Rating
The total amount rated for UCO Bank’s CD programme is substantial, standing at ₹10,000 crore. The ‘A1+’ rating is the highest category for short-term debt, indicating minimal risk for investors in the short term. CRISIL Rating’s verification status is confirmed as ‘Verified’, and the date of verification aligns with the rating date, 14.08.2026.
This reaffirmation by CRISIL provides stakeholders with continued confidence in UCO Bank’s ability to meet its short-term financial obligations. Investors can access the detailed rating rationale via the provided link: CRISIL Rating Rationale.
Source: BSE
