The State Bank Of Hyderabad is having a Credit Rating for its credit card service. A good rating from CRISIL carries weight with lenders, and can help SMEs/SSIs get faster and cheaper credit.

State Bank Of Hyderabad is having AAA high rating for credit.

Ratings:

Instruments Amount (Rs. crore) Ratings1 Remarks
Lower Tier II Bonds 710 CARE AAA [Triple A] Reaffirmed
Upper Tier II Bonds 1,750 CARE AAA [Triple A] Reaffirmed
Perpetual Bonds 685 CARE AAA [Triple A] Reaffirmed


CRISIL has working arrangements with 39 banks and financial organisations many of which extend confessional pricing to their borrowers based on these ratings.

The entity name is featured on CRISIL SME Connect, the monthly newsletter that is sent out to more than 3000 bankers and 12,000 companies across India.

A good rating provides in content to:

Lenders, including bankers, financial institutions, and NBFCs
Entrepreneurs
Customers
Suppliers
Foreign partners
Collaborators for joint ventures

State Bank of Hyderabad:

Instrument Amount (Rs. crore) Rating Action
BASEL III Compliant Tier II Bonds Programme 393 AAA (hyb) (stable); Assigned

Contact to:

Credit Analysis & Research Limited
Corporate Office: 4th Floor,
Godrej Coliseum, Somaiya Hospital Road,
Off Eastern Express Highway, Sion (East),
Mumbai - 400 022
Tel: +91-22-6754 3456
Fax: +91-22-6754 3457