Equitas Small Finance Bank ratings reaffirmed by CAREEdge

Equitas Small Finance Bank Limited has received reaffirmed credit ratings from CARE Ratings Limited, as per an announcement dated September 29, 2025. The ratings follow a review of the company's operational and financial performance for FY25 (audited) and Q1FY26 (unaudited).

Specifically, the ratings for two tranches of Lower Tier II Bonds (Basel II), each amounting to ₹500.00 crore, have been reaffirmed at CARE AA-; Stable. The Issuer rating has also been reaffirmed at CARE AA-; Stable. Additionally, the Certificate of Deposit aggregating ₹1,500.00 crore received a reaffirmed rating of CARE A1+.

These reaffirmations indicate a stable outlook for the financial instruments and the overall creditworthiness of Equitas Small Finance Bank. The ratings are in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.