CRISIL upgrades credit rating of DCB Bank Ltd for Rs. 150 crore bonds

DCB Bank Ltd has received a letter from CRISIL Limited, dated December 28, 2018, upgrading its Credit Rating to 'CRISIL AA-/Stable' from 'CRISIL A+/Stable' for the Basel III Complaint Tier II Bonds Programme of Rs. 150 crore.

Shares of DCB Bank Limited was last trading in BSE at Rs.166.3 as compared to the previous close of Rs. 162.25. The total number of shares traded during the day was 49138 in over 550 trades.

The stock hit an intraday high of Rs. 167.35 and intraday low of 163.1. The net turnover during the day was Rs. 8162516.

Source : Equity Bulls

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