CARE Ratings has reaffirmed AU Small Finance Bank’s long-term debt instruments rating at CARE AA; Stable. The rating on short-term instruments (Certificate of Deposits) has also been reaffirmed at CARE A1+. These ratings reflect the bank’s consistent growth, strong capital base, and healthy profitability, along with comfortable capitalization.
Credit Rating Reaffirmation
AU Small Finance Bank has received reaffirmation of its credit ratings from CARE Ratings. The long-term debt instruments (Tier-II Bonds) have been reaffirmed at CARE AA; Stable. The short-term instruments (Certificate of Deposits) rating has been reaffirmed at CARE A1+.
Key Rating Details
The following ratings have been reaffirmed by CARE Ratings as of October 16, 2025:
- Long-Term Debt Instruments (Tier-II Bonds): CARE AA; Stable
- Short-Term Instruments (Certificate of Deposits): CARE A1+
Specific Instruments Reaffirmed
The following instrument ratings were reaffirmed:
- INE519Q08178 CARE Ratings: CARE AA; Stable
- INE519Q08186 CARE Ratings: CARE AA; Stable
- INE949L08442 CARE Ratings: CARE AA; Stable
- INE949L08434 CARE Ratings: CARE AA; Stable
- INE949L08426 CARE Ratings: CARE AA; Stable
- INE949L08459 CARE Ratings: CARE AA; Stable
Rating Withdrawal
The CARE Ratings Limited has withdrawn the rating assigned to the Tier II (ISIN No. INE519Q08152) as the Bank has redeemed the rated Non-Convertible Debenture.
Rationale for the Ratings
The ratings reflect consistent growth in business and asset base and healthy profitability. The ratings also derive strength from the bank’s comfortable capitalisation supported by periodic equity infusions.
Source: BSE