Stocks

Crisil upgrade bodes well for AU Small Finance

| Updated on October 05, 2018 Published on October 04, 2018

Shares of AU Small Finance Bank will remain in focus, as Crisil has upgraded the rating for its long-term debt instruments from ‘A+’ to ‘AA-’. The rating signifies high degree of safety and very low credit risk. This upgrade is quite reassuring in the present market conditions, Sanjay Agarwal, MD and CEO of the bank, said, and added it will significantly help them build one of the most trusted, customer-focused retail bank in the long term and create value for all stakeholders.

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Published on October 04, 2018
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