ICRA reaffirms Karur Vysya Bank's certificate of deposit rating

Karur Vysya Bank (KVB) has informed stock exchanges about the reaffirmation of its credit rating for the certificate of deposit program. ICRA reaffirmed the rating for the certificate of deposit program of Rs. 10,000 crore at ICRA A1+, maintaining both existing and revised ratings. The rating action, classified as "Reaffirmed," was officially received from ICRA on December 11, 2025.

This intimation is in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates the disclosure of credit rating updates. The reaffirmation by ICRA reflects the continued assessment of KVB's financial stability and creditworthiness regarding its certificate of deposit offerings.

Srinivasarao M, company secretary and deputy general manager, signed the announcement, which was submitted to both the National Stock Exchange of India Ltd and BSE Ltd. The bank's registered and central office is located in Karur, Tamil Nadu.