RATINGS

Instrument     RATINGS
as on 31.03.2014
RATING AGENCY
         
Bank Rating   Baa3/P3/Stable/D+ Moody's
    BBB-/ A3/Negative S & P
    BBB-/ F3/ Stable Fitch
         
Instrument Rating
Innovative Perpetual
Debt Instruments
  'AAA/Stable' CRISIL
  'CARE AAA' CARE
         
Upper Tier II
Subordinated Debt
  'AAA/Stable' CRISIL
  'CARE AAA' CARE
         
Lower Tier II
Subordinated Debt
  'AAA/Stable' CRISIL
  'CARE AAA' CARE
  AAA(Stable) ICRA
         
Basel III
Tier 2
  'AAA/Stable' CRISIL
  'CARE AAA' CARE
  AAA(Stable) ICRA
   
CARE: Credit Analysis & Research Limited
ICRA: ICRA Ltd.
CRISIL: CRISIL: CRISIL Ltd.
S&P: Standard & Poor