Lakshmi Vilas Bank Crisil Rating

Can you please tell me about the Lakshmi Vilas Bank Crisil Rating? I am going to open an account in the Lakshmi Vilas Bank so I am interested to knowing Crisil Rating of it. I searched on the internet but didn’t get the sufficient result so I need your help.

I would like t know the ratings given to Lakshmi Vilas Bank by Crisil as I intend to plan investment in Lakshmi Vilas Bank?

[Raman Vij]

As of Current information there is no data which is available on the Crisil rating for Lakshmi Vilas Bank.

CRISIL is a full service rating organization and is the largest of its kind in India. CRISIL has singlehandedly pioneer the concept of credit rating in the nation. It has been trustworthy to rate a wide array of debt instruments including, certificate of deposit, bank loans, commercial paper, non-convertible debentures, bank hybrid capital instruments, asset backed securities, mortgage backed securities, perpetual bonds, partial guarantees, etc.

CRISIL follows the following rating system while rating fixed deposits schemes:

NM Not Meaningful
FD Default
FC High risk
FB Inadequate safety
FA Adequate safety
FAA High safety
FAAA Highest safety


The debt obligation rated by CRISIL include:
Non-convertible debentures/bonds/preference shares
Commercial papers/certificates of deposits/short-term debt
Fixed deposits
Loans
prearranged debt

CRISIL's credit ratings are as follows:
Estimation on probability of default on the rated obligation
Presumptuous looking
Detailed to the obligation being rated