Announced Mon, 22 Jun · 17:26 IST
RBL Bank gets Crisil AAA on FDs, infra bonds; A1+ on CDs
RBLBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.1%1-day move
₹378.00
prior close
₹378.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.9-0.6-0.6-0.1-1.2-3.5-2.3-4.3-4.9-1.3-6.4——
Up moveDown movePending
AI summary
RBL Bank assigned Crisil AAA/Stable on Rs 1.3 lakh crore fixed deposits and Rs 1,000 crore infrastructure bonds (yet to be issued), plus Crisil A1+ on Rs 19,000 crore certificates of deposit. Top-tier ratings reflect strong parent support from Emirates NBD, which infused Rs 26,016 crore. Pro-forma capital adequacy ratio rises to about 35 percent. Gross NPAs improved to 1.45 percent from 2.60 percent.
Likely market impact
Highest investment grade rating signals strong credit quality and parent support, likely positive for depositor confidence and borrowing costs.