Karur Vysya Bank (KVB) has announced that its credit rating for the Certificate of Deposits Programme of ₹5,000 Cr has been reaffirmed by CRISIL. The rating remains at CRISIL A1+. This announcement was made on September 25, 2025, following a review by the rating agency.
Credit Rating Maintained
CRISIL has reaffirmed the credit rating of CRISIL A1+ for Karur Vysya Bank’s (KVB) Certificate of Deposits Programme. This rating indicates a high degree of safety regarding timely payment of financial obligations.
Programme Details
The credit rating applies to the Certificate of Deposits Programme amounting to ₹5,000 Cr. The reaffirmation reflects CRISIL’s continued confidence in the bank’s ability to meet its financial commitments.
Date of Rating
The credit rating reaffirmation was received from CRISIL on September 24, 2025. The bank has officially taken the information on record and disseminated it to stakeholders on September 25, 2025.
Source: BSE