CRISIL Rating on the ₹150 Crore Subordinated Debt of Equitas Small Finance Bank

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CRISIL Ratings has, after due consideration, reaffirmed its CRISIL A+/Stable (pronounced as CRISIL A plus rating with Stable outlook) rating on the captioned debt instrument, of Equitas Small Finance Bank . Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk.

Shares of Equitas Small Finance Bank Limited was last trading in BSE at ₹40.75 as compared to the previous close of ₹41.05. The total number of shares traded during the day was 18764 in over 349 trades.

The stock last hit in BSE,

  • Intraday High of ₹ 41.00
  • Intraday low of ₹ 39.90
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