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As on : 16-Sep-2026
Hot Pursuit
16-Sep-2026     20:01

City Union Bank receives reaffirmed credit ratings and new ratings from ICRA

City Union Bank Ltd announced that the Rating Committee of ICRA has reaffirmed and assigned credit ratings to various instruments. Specifically, ICRA reaffirmed a rating of [ICRA]AA(Stable) to the bank's Issuer Rating and assigned a rating of [ICRA]A1+ to Certificates of Deposit amounting to Rs 4,000 crore, while also reaffirming a rating of [ICRA]AA(Stable) to Basel III Tier II Bonds totaling Rs 100 crore. The date of credit rating received from ICRA is September 16, 2026, and these actions constitute reaffirmations and assignments, with no withdrawals reported.

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