Mumbai, Aug. 12 -- Utkarsh Small Finance Bank has been assigned credit ratings by ICRA as under:

Subordinated debt (Rs 400 crore) - ICRA A; Negative (downgraded from ICRA A+; Negative)

Certificate of deposits (Rs 1000 crore) - ICRA A1+ (reaffirmed)

Published by HT Digital Content Services with permission from Capital Market....