From THE HINDU group of publications
Sunday, October 15, 2000
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From THE HINDU group of publications Sunday, October 15, 2000 |
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Crisil upgrades GTB deposit programme
CRISIL has upgraded the rating assigned to the certificate of deposit programme of Global Trust Bank Ltd to `P1+', indicating very strong position, from `P1', also indicating very strong position.
The upward revision in the rating of Global Trust Bank reflects the improvement in resources profile, profitability and capital position of the bank. However, these factors are partly offset by the inherent asset quality risks, small size and short track record of the bank.
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