RBL BANK : CREDIT RATING UPGRADED TO [ICRA]AAA

• Basel III Tier II bonds and Fixed deposit ratings upgraded from [ICRA]AA- with positive implications; outlook stable • Short-term fixed deposit and Certificates of deposit ratings reaffirmed at [ICRA]A1+ • ICRA notes RBL's capital profile and liquidity have improved considerably following a ~₹26,016 Cr preferential allotment to Emirates NBD PJSC

RBL Bank Limited

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