ICRA reaffirms Karur Vysya Bank's issuer rating, assigns new programme

** Karur Vysya Bank (BSE: KARURVYSYA) today announced that ICRA has reaffirmed its issuer rating at [ICRA]AA (Stable). In addition to the issuer rating, ICRA has reaffirmed and assigned ICRA A1+ to the bank's Certificate of Deposit Programme for a total of INR 10,000 Cr, expanding on the previous limit of INR 5,000 Cr. The ratings, which Karur Vysya Bank disclosed in filings to the National Stock Exchange of India and BSE, reflect ICRA's assessment of the bank's creditworthiness and the safety of its debt obligations. The announcement was made in compliance with Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements.