Equitas Small Finance Bank Tier II Bonds Rated CARE AA-

Equitas Small Finance Bank has received a credit rating of CARE AA-; Stable for its proposed ₹500 crore Tier II bond issue. The rating was assigned by CARE Ratings Limited on September 8, 2026. This rating indicates a high degree of safety regarding timely payments and a stable outlook for the instrument. Credit Rating Assigned for Tier II Bonds Equitas Small Finance Bank has been informed by CARE Ratings Limited of a credit rating action concerning its proposed Tier II bond issuance. The rating agency assigned a rating of CARE AA-; Stable to the ₹500 crore Tier II bonds. Details of the Rating Action The rating was officially assigned on September 8, 2026. The 'AA-' rating signifies a high degree of safety regarding timely servicing of financial obligations, and the 'Stable' outlook suggests that the rating is unlikely to change in the near future. The instrument is valued at ₹500 crore. CARE Ratings Limited has also provided guidance regarding the revalidation of the rating should the issue not be made within six months of the initial communication or if there are changes in the size or terms of the proposed issue. The rating agency has requested prompt submission of relevant issue-related documents. Source: BSE Previous Article RITES Limited: Appoints Statutory Auditors for FY 2026-27