ICRA Reaffirms Karur Vysya Bank's Credit Rating for Deposit Programme
ICRA has reaffirmed the credit rating for the Certificate of Deposit Programme issued by Karur Vysya Bank Ltd (KVB). The reaffirmation covers an instrument valued at Rs 10,000 Cr.The rating details confirm that ICRA maintained its previous assessment for the bank's deposit programme.
According to the data released, the credit rating status and action are as follows:
| Credit Rating Agency | Instrument | Existing Rating | Revised Rating | Rating Action |
|---|---|---|---|---|
| ICRA | Certificate of Deposit Programme for Rs 10,000 Cr | ICRA A1+ | ICRA A1+ | Reaffirmed |
The rating was received from ICRA on June 05, 2026. The reaffirmation pertains specifically to the Credit Rating Intimation regarding the bank's Certificate of Deposit Programme.
KARURVYSYA Stock Price Movement
Today, shares of Karur Vysya Bank Limited shed 1.23% in the close, settling at ₹279.35. The stock saw a trading volume of 2.78 million shares as the market finished for the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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