CARE Affirms A Rating on ESAF Small Finance Bank's Bonds; Outlook Revised to Negative

MT Newswires Live
17 Mar

CARE Ratings maintained its A rating on ESAF Small Finance Bank's (NSE:ESAFSFB, BOM:544020) non-convertible bonds, according to an Indian bourse filing on Monday.

The rating agency also affirmed an A1+ rating on the company's certificate of deposit.

The rating outlook is revised to negative from stable, the filing said.

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