Credit Rating- Others

September 08, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Mumbai – 400051 Mumbai – 400 001 Symbol : EQUITASBNK Scrip Code : 543243, 976218 & 976979 Dear Sir/Madam Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Re-affirmation of Credit Rating Pursuant to Regulation 30 and other applicable clauses of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that CARE Ratings Limited vide its letters dated September 07, 2026 (received by the Bank on September 07, 2026 at 21:16 hours) has intimated the following rating actions: Facility/Program Amount Rating Status (in Crores ) Issuer rating - CARE AA-; Stable Re-affirmed Lower Tier II 500 CARE AA-; Stable Re-affirmed (INE063P08112) Lower Tier II 500 CARE AA-; Stable Re-affirmed (INE063P08120) Certificate of Deposits 1500 CARE A1+ Re-affirmed The letters from the rating agency are enclosed. This is for your information and record. Thanking you, Yours faithfully, For Equitas Small Finance Bank Limited N Ramanathan Company Secretary Encl: a/a RATINGS No. CARE/HO/RL/2026-27/2637 Shri P N Vasudevan MD & CEO Equitas Small Finance Bank Limited Phase II, 6th Floor, Spencer Plaza 769, Anna Salai, Chennai Tamil Nadu 600002 September 07, 2026 Confidential Dear Sir, Issuer Rating On the basis of recent developments including operational and financial performance of your Company for FY26 (Audited) and Q1FY27 (Provisional), our Rating Committee has reviewed the following rating: Type of Rating Rating1 Rating Action Issuer rating CARE AA-; Stable Reaffirmed 2. The rating is only an opinion on the general creditworthiness of the Company and not specific to any particular debt instrument. 3. CARE Ratings Ltd. reserves the right to undertake a surveillance/review of the rating from time to time, based on circumstances warranting such review, subject to at least one such review/surveillance every year. 4. CARE Ratings Ltd. reserves the right to revise/reaffirm/withdraw the rating assigned as also revise the outlook, as a result of periodic review/surveillance, based on any event or information which in the opinion of CARE Ratings Ltd. warrants such an action. In the event of failure on the part of the entity to furnish such information, material or clarifications as may be required by CARE Ratings Ltd. so as to enable it to carry out continuous monitoring of the rating, CARE Ratings Ltd. shall carry out the review on the basis of best available information. In such cases the credit rating symbol shall be accompanied by “ISSUER NOT COOPERATING”. CARE Ratings Ltd. shall also be entitled to publicize/disseminate all the afore-mentioned rating actions in any manner considered appropriate by it, without reference to you. 1Complete definitions of the ratings assigned are available at www.careratings.com and in other CARE Ratings Ltd.’s publications. CARE Ratings Limited 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 1 of 3 5. Our ratings do not factor in any rating related trigger clauses as per the terms of the facility/instrument, which may involve acceleration of payments in case of rating downgrades. However, if any such clauses are introduced and if triggered, the ratings may see volatility and sharp downgrades. 6. Users of this rating may kindly refer our website www.careratings.com for latest update on the outstanding rating. 7. Our Issuer Ratings are not recommendations to buy or sell any securities of the issuer. If you need any clarification, you are welcome to approach us in this regard. Thanking you, Yours faithfully, i ftlAmp Tony Mathew Shreekiran Rao Assistant Director Director tony.mathew@careedge.in shreekiran.rao@careedge.in Encl.: As above CARE Ratings Limited 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 2 of 3 Disclaimer This disclaimer pertains to the ratings issued and content published by CARE Ratings Limited (“CareEdge Ratings”). Ratings are opinions on the likelihood of timely payment of the obligations under the rated instrument and are not recommendations to sanction, renew, disburse, or recall the concerned bank facilities or to buy, sell, or hold any security. Any opinions expressed herein are in good faith and are subject to change without notice. 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CARE Ratings Limited 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 3 of 3 RATINGS No. CARE/HO/RL/2026-27/2638 Shri P N Vasudevan MD & CEO Equitas Small Finance Bank Limited Phase II, 6th Floor, Spencer Plaza 769, Anna Salai, Chennai Tamil Nadu 600002 September 07, 2026 Confidential Dear Sir, Credit rating for Lower tier II bond issue On the basis of recent developments including operational and financial performance of your Company for FY26 (Audi [Showing first 8,000 characters — download PDF for full document]