Karur Vysya Bank (KVB) has announced that its credit rating for the Certificate of Deposit Programme has been reaffirmed by ICRA. The rating remains at ICRA A1+. This decision was communicated in an official announcement dated December 11, 2025. The reaffirmation reflects ICRA’s continued confidence in KVB’s creditworthiness and stability.
Credit Rating Maintained
Karur Vysya Bank announced on December 11, 2025, that ICRA has reaffirmed the credit rating for its Certificate of Deposit Programme.
Rating Details
The existing rating of ICRA A1+ for the Certificate of Deposit Programme has been reaffirmed. This rating applies to the deposit programme for an amount of Rs. 10,000 Cr.
Implication of Reaffirmation
The reaffirmation of the ICRA A1+ rating signifies a continued high level of creditworthiness for Karur Vysya Bank and its ability to meet its financial obligations related to the deposit programme.
Source: BSE
