ICRA has reaffirmed the credit rating for Karur Vysya Bank’s Certificate of Deposit Programme of ₹10,000 Cr. The rating remains at ICRA A1+. This rating reflects ICRA’s continued confidence in the bank’s financial stability and its ability to meet its obligations. The announcement was made on September 16, 2025.
ICRA Rating Reaffirmed
Karur Vysya Bank (KVB) announced on September 16, 2025, that ICRA has reaffirmed its credit rating for the bank’s Certificate of Deposit Programme.
Details of the Reaffirmation
The credit rating for the Certificate of Deposit Programme of ₹10,000 Cr remains unchanged at ICRA A1+. The reaffirmed rating indicates ICRA’s positive assessment of KVB’s creditworthiness and its capacity to fulfill its financial commitments related to the specified program.
Source: BSE