Dhanlaxmi Bank credit rating for its Basel III Tier-II bonds has been reaffirmed by ICRA at ICRA BBB- (Stable), the lender said in a BSE filing on August 19, 2026. The bank informed the stock exchanges about the rating action under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The disclosure relates specifically to the Basel III Tier-II bonds issued by Dhanlaxmi Bank. The filing did not announce a change in either the rating grade or the outlook; it stated that ICRA had reaffirmed the existing assessment.

Details disclosed to the exchanges

Dhanlaxmi Bank submitted the intimation to BSE Limited and the National Stock Exchange of India Limited. The exchange communication was signed by Venkatesh H, Company Secretary and Secretary to the Board.

  • Rated instrument: Basel III Tier-II bonds issued by Dhanlaxmi Bank
  • Rating agency: ICRA
  • Reaffirmed rating: ICRA BBB-
  • Outlook: Stable
  • Disclosure date: August 19, 2026

The announcement was filed with BSE at 4:38 pm on August 19, 2026, under the exchange headline concerning a credit-rating disclosure. No bond amount, maturity, coupon, fresh issuance, rating rationale or additional rating action was specified in the supplied filing.

Scope of the rating update

The communication is limited to ICRA’s reaffirmation of the rating assigned to the bank’s Basel III Tier-II bonds. It does not provide details of any revision to the bond terms or disclose a separate rating for other instruments issued by the lender.

Dhanlaxmi Bank’s corporate office is located at Punkunnam in Thrissur, Kerala, while its registered office is at Dhanalakshmi Buildings, Naickanal, Thrissur. The bank requested the exchanges to take the credit-rating intimation on record.

Investors tracking the filing should note that the verified development is the continuation of the BBB- rating with a Stable outlook for the identified bonds. The filing contains no forecast, management commentary, financial estimate or statement about the bank’s share price.

Source: BSE corporate announcement.