Credit Ratings

• A culture of learn and grow
• Recognises quality performance
• Wide range of career opportunities

Instrument Type	Rating Agency	Rating
Non-convertible debentures (NCDs) Subordinated Debt	India Ratings	IND A/Stable
Fixed Deposit	India Ratings	IND A/Stable
Non-convertible debentures (NCDs) Subordinated Debt (INE953L08329)	CARE Ratings	CARE A/Stable

Instrument Type

Rating Agency

Rating

Non-convertible debentures (NCDs) Subordinated Debt

India Ratings

IND A/Stable

Fixed Deposit

India Ratings

IND A/Stable

Non-convertible debentures (NCDs) Subordinated Debt (INE953L08329)

CARE Ratings

CARE A/Stable