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Credit Ratings

Instrument Rating Limits(Rs. Cr.) Implication
Basel III compliant Tier II bonds ICRA AA-&
CARE AA- (Stable)
800 Instruments rated in this category are considered to have highest degree of safety regarding timely servicing of financial obligations
Certificate of Deposits ICRA A1+ 6,000 The lowest short term credit Risk
Medium term fixed deposit Programme ICRA MAA& Low Credit Risk
Short term fixed deposit programme ICRA A1+ Lowest Credit Risk

&-rating watch with developing implications